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Calculating savings | Personal financial literacy | 4th grade math (TX TEKS) | Khan Academy

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    - [Instructor] We are told
    that Jamil earns $15 each week
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    for mowing lawns.
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    He saves $5 a week for a
    video game that costs $27.
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    About how long will it take Jamil
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    to save for the video game?
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    Pause this video and have a go at this.
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    Alright, so let's think
    about what's happening.
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    We know that he's earning $15,
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    but that's not what
    he's saving every week.
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    It looks like he only saves five.
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    So he's spending 10 of those 15
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    and then he's keeping five
    every week for that game.
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    So if we multiply the number
    of weeks times $5 a week,
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    that's how much he saves.
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    So if we take five
    weeks, times $5 per week,
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    this is going to be $25.
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    So that one's not enough.
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    Let's see, if we take six
    weeks times $5 per week,
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    that gets us to $30.
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    Six times five is 30.
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    Well, that seems enough.
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    And if you do more than that,
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    he's going to just be saving
    way more than he needs
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    for that video game.
Title:
Calculating savings | Personal financial literacy | 4th grade math (TX TEKS) | Khan Academy
Description:

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Video Language:
English
Team:
Khan Academy
Duration:
0:57

English subtitles

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