Question

senna wants to set up a special fund so she can save to buy presents for her friends and family throughout the year. if her gift purchases last year totalled $580, estimate how much she should save each month to have approximately the same amount available for gifts next year?
a. approximately $480
b. approximately $58
c. approximately $48
d. approximately $96

Explanation:

Step1: Identify total and time frame

Total needed: $\$580$, time: 12 months

Step2: Estimate monthly savings

Round $\$580$ to $\$600$, then calculate $\frac{600}{12}$

Step3: Refine the estimate

Use exact value: $\frac{580}{12} \approx 48.33$

Answer:

c. Approximately $\$48$