7
QuizMultiple Choice

Financial Goals

Question 7 • (Kapuschinsky)WCA 3424 Consumer Applications 1st nine weeks 26-27

To be able to go on the band trip, four band members each get a part-time job. Each person has 5 weeks in which to save his or her money. Analyze the four individual plans below and decide which of the four people will reach his or her goal of saving $285? Member A: Works 8 hours per week at $6.15 per hour Member B: Works 10 hours per week at $5.85 per hour Member C: Works 7 hours per week at $7.25 per hour Member D: Works 9 hours per week at $6.35 per hour

Answer
A
A and B
B
A and C
C
B and C
D
B and D

Explanation

Multiply each person’s weekly hours by the hourly wage and then by 5 weeks. Member B earns 10 × $5.85 × 5 = $292.50, and Member D earns 9 × $6.35 × 5 = $285.75, so both reach the $285 goal. Members A and C earn $246 and $253.75, respectively, so they do not reach it. The correct choice is B and D.

AI-written and checked against the verified answer.

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