Fin Lit Ch 1 Math Questions

Ashley is looking for ways to save some spending money for her senior class trip to Mexico. She has decided to stop eating chocolate for one whole year and instead save any money she would have spent on chocolate for the trip. If Ashley typically spends $2.50 a week on chocolate, how much money, not accounting for interest, can she expect to save for the trip in exactly one year?

If you save $15 a week for the next two years instead of buying music, how much money would you save?

What is the opportunity cost of buying a $.75 soda every school day for three years instead of drinking water? Assume you are in school for 36 weeks a year and that water is free.

Assume you want to accumulate $4,000 to begin investing at the end of three years. How much money would you need to save every week to accomplish that goal?

What is the opportunity cost of going to the arcade on Saturday night assuming you could make $8 an hour for four hours of work and you also spend about $25 each time you go to the arcade?

Your uncle has agreed to sell you his car for $3,000. You will put $2,000 down and pay him the rest over the next 40 weeks. How much will your weekly payment be?

Jeremy mowed three yards this week and charged $25 for the first one, $35 for the second one, and $50 for the biggest yard. How much did he make this week mowing yards?

Natalie's grandmother gave her $50 for her birthday. She also received gifts of $45, $25, and $30 from her three aunts. How much did she get for her birthday?

Lakita sold three shirts at a yard sale for $2 each and four pairs of jeans for $3 each. How much did she make in the yard sale?

Belinda paid $6 for a pizza, bought a tee shirt for $16, and a soft drink for $1. How much did she spend in total?