Questions: Determine the approximate monthly cost of spending 3.74 on coffee at least 5 times a week.
Transcript text: Determine the approximate monthly cost of spending $\$3.74$ on coffee at least 5 times a week.
Solution
Solution Steps
To determine the approximate monthly cost of spending $3.74 on coffee at least 5 times a week, we need to calculate the weekly cost first and then multiply it by the number of weeks in a month (approximately 4 weeks).
Step 1: Calculate Weekly Cost
The cost of coffee per visit is given as \( \$3.74 \). If coffee is purchased at least 5 times a week, the weekly cost can be calculated as:
\[
\text{Weekly Cost} = 3.74 \times 5 = 18.70
\]
Step 2: Calculate Monthly Cost
To find the approximate monthly cost, we multiply the weekly cost by the number of weeks in a month (approximately 4):
\[
\text{Monthly Cost} = 18.70 \times 4 = 74.80
\]
Final Answer
The approximate monthly cost of spending \( \$3.74 \) on coffee at least 5 times a week is \\(\boxed{74.80}\\).