Rates, SM-Bank 091 MC

Rhonda needs to reduce her discretionary spending which is shown in the table below.

Which action will save her the most?

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$A$

Show Worked Solution

$\text{Calculate the yearly saving of each action}$

$\text{Car wash}=$80\times 12 =$960$

$\text{Hairdresser}=$150\times 4=$600$

$\text{Thai}=15\times 52=$780$

$\text{Streaming services}=12\times 52=$624$

$\text{Washing the car costs the most each year}$
$\text{so she should stop washing the car.}$

$\Rightarrow A$