Ever since she was a little girl, Sheila has dreamed of traveling the world. To help fund her dream, she bought a large piggy bank in December and started saving. By last week, she had saved $3,000. Pleased with her progress, she has decided to continue saving $276 per month, for 4 years. Today, Sheila’s family secretly added $7,000 into the piggy bank. At the end of 4 years, how much money will be in Sheila’s piggy bank?
Today, Sheila’s piggy bank has $3000 + $7000 = $<T>add(3000, 7000)=10000
Sheila will be saving for 4 years which is equivalent to 12 months/year * 4 years = <T>multiply(12, 4)=48 months
In 4 years, she will save $276/month * 48 months = $<T>multiply(276, 48)=13248
The piggy bank will have a total of $10,000 + $13,248 = $<T>add(10000, 13248)=23248
