Question

In: Accounting

You want to purchase a new bike that costs $123.79.

You want to purchase a new bike that costs $123.79. To save for the bike, you mow your neighbor's yard for $35 each week. How much money will you have left over if you buy the bike after saving for 4 weeks?

 

Solutions

Expert Solution

After mowing your neighbor's yard for 4 weeks, you will have earned a total of:

 

$35/week * 4 weeks = $140

 

Subtracting the cost of the bike from the amount you've earned:

 

$140 - $123.79 = $16.21

 

Therefore, you will have $16.21 left over if you buy the bike after saving for 4 weeks.


$16.21 left over if you buy the bike after saving for 4 weeks.

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