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Esther wants to be able to save $3,000 in 2 years, what fixed amount should she be putting into her savings each month of those 2 years?

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Answer:

I believe that the answer would be at least $125.

Step-by-step explanation:

$3000/24= $125

There are 24 months in two years.

Without calculating taxes on the savings, this would be your answer.

I hoped this helped!!

Answer:

$125.00 each month

Step-by-step explanation:

Esther wants to be able to save $3,000 in 2 years.

In one year = 12 months

In 2 years = 12 × 2 = 24 months

To calculate the amount that she should be putting into her savings each months of those 2 years, we have to calculate 3,000 by 24 months.

The amount she should be putting into her savings = [tex]\frac{3000}{24}[/tex]

                                                                           = $125.00

Esther should be putting $125.00 into her savings each month for 2 years.

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