Chuy wants to buy a new television. The television costs 1,350.Chuydecidestosavethesameamountofmoneyeachweek,for27weeks.After8weeksChuysaved440. Which of the following conclusions can you make about Chuy's plan? a. Chuy has a good plan and will have exactly $1,350 saved at the end of 27 weeks. b. Chuy must increase the amount he saves each week in order to meet his goal at the end of 27 weeks. c. Chuy will save more than he needs and will meet his goal in less than 27 weeks. d. There is not enough information given to make a conclusion about Chuy's plan.
The Correct Answer and Explanation is:
Correct Answer: d. There is not enough information given to make a conclusion about Chuy’s plan.
Explanation:
The question tells us that Chuy wants to buy a new television that costs $440 and that he has a plan related to saving money over 27 weeks. However, the question does not state how much Chuy plans to save each week, nor does it mention how much money he currently has saved or whether he receives any other income or assistance toward his goal.
To determine whether Chuy will reach his goal, fall short, or exceed it, we would need at least one of the following:
- Weekly savings amount – to calculate total savings over 27 weeks.
- Current savings – to see how much more he needs to save.
- Total savings goal – to compare with the cost of the television.
- Any additional contributions – such as gifts or bonuses.
Since none of this crucial information is provided, we cannot make a reliable conclusion about whether Chuy’s plan is effective or not. For instance, if Chuy saves $10 per week, he would have $270 after 27 weeks—not enough to buy the TV. But if he saves $20 per week, he’d have $540—more than enough. These very different outcomes show why the weekly savings rate is essential information.
This is why Option D is the most logical and correct choice. Without the necessary details, any conclusion would be speculative. In real-life decision-making, it’s important not to assume outcomes without having complete and accurate data. Chuy’s financial goal and timeframe might be realistic, overly ambitious, or even unnecessary—but we simply can’t know with the information provided.
