Multiplication Equations are very helpful when trying to figure out how long, how much and how many hours answer to real world money problems. Try the following problems so that you can see how this algebra is used in the real world.

Mrs. Johnson is paid monthly but goes to the grocery store every week. She wants to make sure that she doesn't run out of money for food at the end of the month (some months have 5 weeks so we need to use 5 weeks for a month). If she puts aside $300 when she gets paid, how much money can she spend in the grocery store each week?

Mrs. Smith didn't use algebra to calculate her monthly reserve and put aside $400 for groceries. Mrs. Smith has 3 children and spends $125 per week in the grocery store. How much money will she need to draw from savings to cover her error?

Anna wants to earn $135 to buy a new bicycle. She earns an average of $15 each time she does a baby-sitting job. How many times will she need to baby-sit to save enough money for her bicycle?

Anna usually gets 3 baby-sitting jobs per week. She earns an average of $15 each time she does a baby-sitting job. Anna wants to earn $135 to buy a new bicycle. How many weeks will it take her to save enough money for the bicycle?

Candid's mother wants to save $1008 for Christmas presents. She will join a Christmas Club and use the interest on her savings as extra money at Christmas time. If she starts saving in January, how much money does she need to put in the Christmas Club Account each month?

Mr. Mitchell would like to buy a new set of golf clubs at the end of the school year. He has priced his dream set at $1600. He will be able to set aside $400 twice during the period due to special income from bonuses and his website design business. How much money per pay check will he need to set aside to have enough to buy the golf clubs. (a school year is 10 paychecks).