Monthly savings were 4000, 4400, 4840, and 5324.
Estimate the savings in the sixth month if the same trend continues.
Show answer & explanation
Correct answer: A
Explanation
Given savings: 4000, 4400, 4840, 5324
Observe the pattern:
Each value increases by 10% (or multiplied by 1.1)
Next months:
5th month = 5324 × 1.1 = 5856.4
6th month = 5856.4 × 1.1 ≈ 6442
Therefore, the estimated savings in the 6th month is 6442 (approx).
Correct answer is option (1).