The details in your tabulated data appear to relate more to a scheduling or event coordination context, rather than a specific numerical math problem about savings. Therefore, I presume there might be a misunderstanding or an unrelated fraction of the discussion. If indeed you want to work on savings calculation instead, let's go through the saving exercise:
### Problem Statement:
Alex started with initial savings and continues to save over a year. We need to determine how much Alex saves monthly and annually, and calculate Alex's total savings at the end of the year.
### Given Details:
- Initial savings of Alex: \[tex]$1500
- Monthly contribution: \$[/tex]250
- Additional monthly contribution: \[tex]$50
### Step-by-Step Solution:
1. Calculate Monthly Savings:
- Monthly savings contributions: \$[/tex]250
- Additional monthly contributions: \[tex]$50
Total monthly savings = \$[/tex]250 + \[tex]$50 = \$[/tex]300
2. Calculate Annual Savings:
- Since Alex saves \[tex]$300 every month, for 12 months, the total savings in a year from monthly contributions is:
Annual savings = 12 * \$[/tex]300 = \[tex]$3600
3. Calculate Total Savings After One Year:
- Initial savings = \$[/tex]1500
- Total savings from monthly and annual contributions over a year = \[tex]$3600
Total savings at the end of the year:
Total savings = Initial savings + Annual savings
Total savings = \$[/tex]1500 + \[tex]$3600 = \$[/tex]5100
In summary:
- Monthly savings: \[tex]$300
- Annual savings from monthly contributions: \$[/tex]3600
- Total savings at the end of the year: \[tex]$5100
Thus, by the end of the year:
- Alex saves \$[/tex]300 monthly.
- This adds up to \[tex]$3600 in 12 months.
- Including the initial savings, Alex will have a total of \$[/tex]5100 after one year.
I hope this provides a clear understanding of the savings calculations! Feel free to ask if you have any more questions.
