Drake wants to save $750 so that he can take a class on computer analysis for cars. the class is being held on various dates over the next several months. drake is planning to take the class 6 weeks from now, so he plans to save $125 each week.
unfortunately, drake had to take out a little money from his savings in the 3rd week. after 4 weeks, drake has $470. he knows that he must adjust his plan in order to meet his goal. drake came up with the following options:
option a: stay with saving the original amount each week but take the class a week later than originally planned.
option b: increase the amount of money he saves each week by $15 from his original plan.
which of the following is a true statement?
a.
only option a will allow him to meet his goal.
b.
only option b will allow him to meet his goal.
c.
both options a and b will allow him to meet his goal.
d.
neither option a nor option b will allow him to meet his goal.

Option (c) is correct as both Options A and B will allow him to meet his goal.

Further explanation:

Given:

The options are as follows,

Option A: Stay with saving the original amount each week but take the class a week later than originally planned.

Option B: Increase the amount of money he saves each week by $15 from his original plan.

Explanation:

After 4 week Drake has .

In option A Drake stays with the saving the original amount each week but take the class a week later than originally planned.

In option B Drake Increase the amount of money he saves each week by $15 from his original plan.

If he increases the amount by 15 the new amount will be

The total amount he will save after 2 months will be

The total amount after 6 months can be calculated as,

He will meet the original amount of after 6 months.

Hence, Option A and Option B is will allow him to meet his goal.

Learn more:

1. Learn more about inverse of the function

2. Learn more about equation of circle

3. Learn more about range and domain of the function

Answer details:

Grade: High School

Subject: Mathematics

Chapter: Investment

Keywords: computer analysis, cars, Drake, little money, saving, six months, $125 per week, original amount each week, increases the amount of money, class on various date.

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step-by-step explanation:

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step-by-step explanation: