Question
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Question
Liam is saving money to buy a new bicycle. He
currently has saved up. Each week, he adds
to his savings. Liam wants to know how many
weeks it will take for him to have total.

Ask by Barber Delgado. in China
Jan 24,2025

Upstudy AI Solution

Tutor-Verified Answer

Answer

Liam needs 5 weeks to save enough money to reach $100.

Solution

To determine how many weeks Liam needs to save to reach a total of $100, let’s break down the problem step by step.
  1. Current Savings:
    • Liam already has $50 saved.
  2. Weekly Savings:
    • He adds $10 to his savings each week.
  3. Goal:
    • Liam wants to have a total of $100.
  4. Calculation:
    • Total Needed: $100
    • Amount to Save: $100 (goal) - $50 (current) = $50
    • Weekly Savings: $10 per week
    To find out how many weeks it will take to save $50 at $10 per week:
  5. Conclusion:
    • Liam will need 5 weeks to save an additional $50, reaching his total savings goal of $100.
Summary:
Liam needs 5 weeks to save enough money to have a total of $100.

Answered by UpStudy AI and reviewed by a Professional Tutor

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Bonus Knowledge

To find out how long it will take Liam to reach his goal, we can set up a simple equation. He currently has and adds each week. To reach , he needs an additional (since ). Dividing that by the he’s saving each week, we get . So, it’ll take Liam 5 weeks to reach his goal!
Reaching financial goals is not just limited to a new bicycle; it builds a sense of responsibility and budgeting skills! Whether it’s a video game, a new gadget, or even saving for future adventures, setting a savings target like Liam’s is a great practice for young savers. Plus, it’s exciting to watch those savings grow!

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