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Max agrees to take care of his neighbor’s pets every day after school. His neighbor agrees to pay him $20 per week, starting in January.
If Max does an excellent job, his neighbor agrees that on the first day of each month, he will get a raise of $3 per week.
So far, Max has done an excellent job.
Max is saving money to buy a new gaming console that costs $250. Determine in which month Max will have saved enough money to buy the gaming console.
Justify your answer.
We will calculate how much Max earns each month and keep a running total of his savings. We’ll assume there are approximately 4 weeks in a month for our calculations.
Using these calculations, Max will have saved enough money to buy the gaming console ($250) by the end of March.
Justification:
Note: This calculation assumes exactly 4 weeks per month. In reality, some months might have slightly more earnings if they have 5 weeks. However, for budgeting and estimation purposes, our calculation provides a reasonable approximation.
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