Math Problem Statement

Rent: $1,400 per month, Gym membership: $300 per year with a monthly fee of $25, Renters' insurance: $85 every 6 months, Groceries: $315 per month, and Eating out & entertaining: $150 per week.

Find the total amount Ryan would spend in two years

Solution

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Math Problem Analysis

Mathematical Concepts

Budgeting
Algebra
Multiplication

Formulas

Total Expense = Monthly Cost × 12 × 2 (for 2 years)
Weekly Expense = Weekly Cost × 52 × 2 (for 2 years)
Sum of all costs = Rent + Gym + Insurance + Groceries + Entertainment

Theorems

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Suitable Grade Level

Grades 6-8