asked 59.5k views
22 votes
You have a new goal of saving at least $4,500 over the course of the next year. you already have $900 saved. by how much would you need to increase your monthly net savings in order to meet this goal? $100 $150 $200 $250

asked
User Mprat
by
7.9k points

2 Answers

6 votes

Answer:

200

Explanation:

Edge 2022

answered
User Rowe Morehouse
by
8.3k points
11 votes

Answer:

200

Explanation:

The amount you need to increase your monthly net savings by is C. $200.

Amount to save next year

= Goal - Current savings

= 4,500 - 900

= $3,600

Monthly savings amount

= 3,600 / 12

= $300 per month

Amount to increase savings by

You care already saving $100 so you need to increase by:

= 300 - 100

= $200

answered
User Sbrrk
by
8.4k points

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