To find if the family will have enough money for the trip or not.
The family will not have enough money. They will need
Given information:
A family starts saving money in March with $125 and increases the amount by 20% every month, and they need to have $1375 at the end of August for the trip.
Calculation:
The amount saved each month will be:
Therefore, the total amount saved from March to August can be given by the series,
This is a geometric series with
Now, find the sum of the series.
So, the amount saved by the family at end of August will be $1241.24. That means, the family will not have enough money for the trip. They need more
Chapter 9 Solutions
High School Math 2015 Common Core Algebra 2 Student Edition Grades 10/11
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