sienna wants to set up a special fund so she can save to buy presents for her friends and family throughout…

sienna wants to set up a special fund so she can save to buy presents for her friends and family throughout the year. if her gift purchases last year totalled $580, estimate how much she should save each month to have approximately the same amount available for gifts next year? a. approximately $480 b. approximately $58 c. approximately $48. d. approximately $96 please select the best answer from the choices provided

sienna wants to set up a special fund so she can save to buy presents for her friends and family throughout the year. if her gift purchases last year totalled $580, estimate how much she should save each month to have approximately the same amount available for gifts next year? a. approximately $480 b. approximately $58 c. approximately $48. d. approximately $96 please select the best answer from the choices provided

Answer

Explanation:

Step1: Identify total amount and time

Total amount for gifts is $580, and time is 12 months.

Step2: Calculate monthly - savings

Divide total amount by 12 months: $\frac{580}{12}\approx48.33$.

Answer:

C. Approximately $48