Question

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

Answer 1

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.

Answer 2

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.