Mastering Financial Scenarios: Tables & Decision-Making

1. Sarah has $200 saved for a new bike. If the bike costs $350, how much more money does she need? Create a table to show her savings over the next few weeks if she saves $25 each week.

• $250

• $200

• $100

• $150

2. John wants to buy a video game that costs $60. He has $15 saved. Write an equation to determine how many weeks he needs to save $10 to buy the game. Create a table to show his savings each week.

• John needs to save for 7 weeks.

• John needs to save for 3 weeks.

• John needs to save for 10 weeks.

• John needs to save for 5 weeks.

3. A local gym charges a $50 membership fee and $20 per month. Write an equation to represent the total cost of a gym membership for 'm' months. Create a table showing the total cost for 1 to 6 months.

• Total cost for 1 to 6 months: 1 month: $70, 2 months: $90, 3 months: $110, 4 months: $130, 5 months: $150, 6 months: $170.

• 2 months: $100

• 1 month: $60

• 3 months: $120

4. Emily is planning a party and has a budget of $300. If she spends $50 on decorations and $20 per person for food, write an equation to find out how many guests she can invite. Create a table to show the number of guests and total cost.

• 15

• 10

• 12

• 8

5. A car rental company charges a flat fee of $30 plus $0.15 per mile driven. Write an equation for the total cost 'C' for 'm' miles driven. Create a table showing the total cost for 0 to 100 miles.

• 0 miles costs $25

• The total costs for driving from 0 to 100 miles are as follows: 0 miles costs $30, 1 mile costs $30.15, 2 miles costs $30.30, 3 miles costs $30.45, and so on, up to 100 miles which costs $45.00.

• 100 miles costs $50.00

• 1 mile costs $30.50

6. Mark is saving for a concert ticket that costs $120. If he saves $15 each week, write an equation to determine how many weeks it will take him to save enough money. Create a table to show his savings over time.

• 10 weeks

• 12 weeks

• 8 weeks

• 6 weeks

8. Lisa wants to buy a laptop for $900. She has $300 saved and plans to save $50 each month. Write an equation to find out how many months it will take her to save enough money. Create a table to show her savings each month.

• 10 months

• 8 months

• 15 months

• 12 months

9. A family plans to go on vacation and has a budget of $1,500. If they spend $400 on travel and $100 per day for food, write an equation to find out how many days they can stay. Create a table to show the number of days and total cost.

• 11 days

• 9 days

• 12 days

• 10 days

10. A subscription service costs $12 per month. If you want to find out how much you will spend in 'y' months, write an equation for the total cost. Create a table showing the total cost for 1 to 12 months.

• Total Cost = 10 * y

• Total Cost = 12 * y; Table: {1: 12, 2: 24, 3: 36, 4: 48, 5: 60, 6: 72, 7: 84, 8: 96, 9: 108, 10: 120, 11: 132, 12: 144}

• Total Cost = 12 + y

• Total Cost = 12 - y