Question

our current account balance is $215. You have $322 of expenses each month. Your income is $444 per month. How long will it take you to accumulate a balance of $1000 in your account.

Answer 1

It would take you 6.43442622951 (7) months to accumulate a total of $1000.
Work:
We earn $444 and spend $322 which leaves us with ($444-$322=$122) $122 dollars of saving each month. Now we Subtract $215 from $1000 because we already have that in our account. That leaves us with $785 more dollars to accumulate to reach $1000. Next we divide 785 (Amount of more money to accumulate) by 122 (savings left each month) which results in 6.43332622951 we round to 7 We receive $1000 in 7 months.

Answer 2

It would be around 6 months to accumulate $1000 in your account