Question

Graham puts $20 in his piggy bank every week. At the end of 39 weeks, he adds $100 to the piggy bank money and decides to do the following:

buy some clothes and sports gear for $314.23
buy his mom a present for $123
divide the rest of the money equally among his three brothers
Use a calculator to find the amount of money each brother will get.

A.
$147.59
B.
$260.25
C.
$293.13

Answer 1

His initial starting funds is $20 x 39, then add $100

Answer 2

Then, subtract the items he purchases, and divide the rest by 3

Answer 3

irst, let's calculate the total amount of money Graham has in his piggy bank. He adds $20 every week for 39 weeks, which totals to:

$20/week * 39 weeks = $780

Next, he adds an additional $100 to the piggy bank's money, bringing the total to:

$780 + $100 = $880

Afterwards, Graham spends $314.23 on clothes and sports gear, and $123 on a present for his mom. Subtracting these expenses from the piggy bank total, we get:

$880 - $314.23 - $123 = $442.77

Finally, to calculate the amount of money each brother will get, we divide the remaining amount equally among the three brothers:

$442.77 / 3 = $147.59

Therefore, each brother will get $147.59.