Saving Money: $12 per Week

easyGrade 3-5saving money

The Problem

Mike saves $12 every week. How much money will Mike have after 6 weeks?

Answer:

$72

Key Information

  • Savings per week: $12
  • Number of weeks: 6

Formula

Total Savings = Amount per Week × Number of Weeks

Step-by-Step Solution

1

Identify savings per week

Savings per week = $12
2

Identify time period

Number of weeks = 6
3

Set up equation

Total savings = Savings per week × Number of weeks
4

Substitute values

Total savings = $12 × 6
5

Calculate

12 × 6 = 72
6

Final answer

Mike will have $72

Common Mistakes to Avoid

  • Adding weeks instead of multiplying
  • Forgetting to multiply

Helpful Tips

  • Multiply weekly savings by number of weeks
  • This shows total accumulated over time

Real-World Application

Understanding savings helps with financial planning and goal setting.

Related Topics:

moneysavingmultiplicationword problems

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