alleryStart learning →Saving $10 each month for six months toward holiday gifts reaches what total?
A$16
B$600
C$10
D$60
Answer & Solution
Correct answer: D. $60
1. The plan sets aside a fixed $10 in each of six months.
2. Multiply the monthly amount by the number of months.
3. $10 times 6 gives $60.
4. $16 adds the two figures instead of multiplying them.
5. $600 multiplies by sixty months rather than six.
_Source: FDIC Money Smart for Adults (September 2018), Module 5: Your Savings, section SMART Goals_
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