nicki just purchased a preowned car for $5,999.00. She had an unknown balance in her savings account when she began sabing for the car. SHe saved $265.00 a month for 18 months in order to accumulate the funds necessary to make the purchase. How much money did nicki have in her account after saving for 7 months

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ilovecreepypast ilovecreepypast · Answer 1 · 2018-12-09T17:53:24+01:00

Answer:3,084

Step-by-step explanation:

5999.00/18 means she would need to save 333.28 a month, if she had started with a $0 balance

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RenatoMattice RenatoMattice · Answer 2 · 2018-12-27T11:04:05+01:00

Answer: Nicki will have $3084 in her account after saving for 7 months.

Step-by-step explanation:

Since we have given that

Amount Nick needed to purchase a pre-owned car=5999

Number of months she saved = 18

Amount she saved = $265

Total amount she saved in 18 months is given by

[tex]18\times 265=\$4770[/tex]

Now, Remaining amount she will needed will be

[tex]\$5999-\$4770\\\\=\$1229[/tex]

Now, she saved for 7 months .

According to question,

Amount after 7 months is given by

[tex]265\times 7=\$1855\\\\So,\\\\1855+1229\\\\=\$3084[/tex]

Hence, Nicki will have $3084 in her account after saving for 7 months.