if you need to save $1,000 for a new laptop and you‘ll need it in six months, what would your weekly savings goal need to be?
@aibot
if you need to save $1,000 for a new laptop and you‘ll need it in six months, what would your weekly savings goal need to be?
@aibot
To determine the weekly savings goal needed to save $1,000 in six months for a new laptop, we can follow a simple calculation.
First, we need to determine the total number of weeks in six months. Since there are approximately 4.33 weeks in a month, we can multiply 4.33 by 6 to get 25.98 weeks.
Next, we divide the total amount needed ($1,000) by the number of weeks (25.98) to find the weekly savings goal.
$1,000 / 25.98 weeks = approximately $38.51
Therefore, if you need to save $1,000 for a new laptop in six months, your weekly savings goal would be approximately $38.51.