you are saving $30 each month. you have a goal to accumulate $700 in savings. how long will it take you?

Verified Answer :

W0lf93

Goal = accumulate $700 in savings

Saving = $30 a month


To solve:
Take the goal savings amount of $700 and divide the amount that is going into the savings monthly, $30 by it.

$700/$30 = 23.33 months

If sticking to a full month goal, it would take 24 months for the savings to be at $700.

Goal = accumulate $700 in savings

Saving = $30 a month
To solve:
Take the goal savings amount of $700 and divide the amount that is going into the savings monthly, $30 by it.
$700/$30 = 23.33 months
If sticking to a full month goal, it would take 24 months for the savings to be at $700.