Mathew is planning a vacation trip to London next year from today for 5 days, he has calculated he would need about $3,000 for expenses, including a round-trip plane ticket from L.A to London. He nets around $1,500 monthly in gross income, after all bills are paid, he is left with about $350 each month free for whatever he desires. How much money would Mathew need to evenly save from his $350 to have $3,000 in his bank within 12 months? Pick.
A) $240  B) $350  C) $217  D) $250  E) $340
Answer is (D). If Mathew is left with about $350 after all expenses each month, he would need to divide the total expense budget to London ($3,000) by 12 months to determine how much he would need to put away every single month to hit his target. $3,000/12 = $250.
<result>D</result>
Mathew is planning a vacation trip to London next year from today for 5 days, he has calculated he would need about $3,000 for expenses, including a round-trip plane ticket from L.A to London. He nets around $1,500 monthly in gross income, after all bills are paid, he is left with about $350 each month free for whatever he desires. How much money would Mathew need to evenly save from his $350 to have $3,000 in his bank within 12 months?