Question: If a person saves $200 every month, how much will he save in a year?
Options:
$2000
$2400
$3000
$3600
Correct Answer: $2400
Solution:
Total savings = Monthly savings × Number of months = $200 × 12 = $2400.
If a person saves $200 every month, how much will he save in a year?
Practice Questions
Q1
If a person saves $200 every month, how much will he save in a year?
$2000
$2400
$3000
$3600
Questions & Step-by-Step Solutions
If a person saves $200 every month, how much will he save in a year?
Step 1: Identify how much the person saves each month. In this case, it is $200.
Step 2: Determine how many months are in a year. There are 12 months in a year.
Step 3: Multiply the monthly savings by the number of months to find the total savings for the year. So, calculate $200 multiplied by 12.
Step 4: Perform the multiplication: $200 × 12 = $2400.
Step 5: The total savings in a year is $2400.
Multiplication of Monthly Savings – The question tests the ability to multiply a fixed monthly saving amount by the number of months in a year to find total savings.
Soulshift Feedback×
On a scale of 0–10, how likely are you to recommend
The Soulshift Academy?
