Jackson wants to start saving for the vacation that he’s taking next August, 15 months away. He wants to save $3,000.00. If he gets paid 2 times a month how much money does he need to set aside, per paycheck, to have enough money saved for his vacation? Let's be accurate as possible.
User
He has 15 months to save $3,000.00 so that’s 3000 / 15 = $200.00 a month. He gets paid twice a month so he needs to save 200 / 2 = $100.00 from each paycheck.
The answer: 100.
Assistant