199k views
8 votes
How many YEARS would it take to build a $ 7,200 emergency fund if you save $ 200 a month?

How many YEARS would it take to build a $ 7,200 emergency fund if you save $ 200 a-example-1

2 Answers

7 votes

Answer:

About 36 years.

Step-by-step explanation:

$7200 / $200 = 36 years

User TahsinRupam
by
3.9k points
9 votes

Answer:

3 years

Step-by-step explanation:

7200/ 200 = 36 months

36/12 = 3 years

12 months in a year

User ChiYoung
by
4.1k points