Quelpr
2 marksConsumer Arithmetic Applications

CSEC Mathematics · Question 1(b)(iii)

Irma's take-home pay is 4320 per fortnight, allocated as shown in a table with items like Rent (x), Food (629), Other living expenses (2x), and Savings (1750), totaling 4320.

All of Irma's savings is used to pay her son's university tuition cost, which is $150000. If Irma's pay remains the same and she saves the same amount each month, what is the MINIMUM number of years that she must work in order to save enough money to cover her son's tuition cost?

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 1(a)(i)Evaluate 2 1/4 - 1 3/5 / 3.[2 marks]
  2. 1(a)(ii)Evaluate 2.14 sin 75°, giving your answer to 2 decimal places.[1 mark]
  3. 1(b)(i)What is Irma's annual take-home pay? (Assume she works 52 weeks in any given year.)[1 mark]
  4. 1(b)(ii)Determine the amount of money that Irma allocates for rent each month.[3 marks]

More practice: the rest of this paper · more Consumer Arithmetic Applications questions · all CSEC Mathematics past papers