$38.47; you'll wind up with $2000.44 after a year's time (52 weeks).
To be precise:
1 yr = 52.1775 weeks
so 2000 = 52.1775X
2000/52.1775 = X
X = 38.33
You should set aside $38.33 from your paycheck each week to get $2,000.00 dollars in one year.
$166.67 a month for 12 months. 2000/12= 166.677777
1 yr = 52.1775 weeks
so 2000 = 52.1775X
2000/52.1775 = X
X = 38.33
You should set aside $38.33 from your paycheck each week to get $2,000.00 dollars in one year.
If you keep the money under your mattress, the answer would be $40/week.
If you invest it in a CD or other account that yields 6% , you could save a little less, around $38
$38.47
the answer is $38.46 per week
$38.47
$38.46 per week
Assuming you work 50 weeks out of the 52 week year set aside $40.00 a week to reach your goal of $2000.00 at the end of the year. This will be about 8% of your weekly paycheck. Basic math...hope this helps...
You should set aside $38.47 each week for 52 weeks in order to have $2,000 in one year.
Around $38.50.
Assuming you get paid $500 every week, you would need to set aside $38.47 out of every paycheck in order to have $2,000 in exactly one year.
$2,000 / 56 weeks = about $35.714
To save $2000 in 52 weeks, without earning any interest, you would have to save $38.46 from each weekly paycheck. You'll be 8 cents short.
You can invest in the future by saving money aside from each paycheck. This can add up very quickly.
You want to save $2000 over a year and a year has 52 weeks. This means that you will need to save 2000/52 = $38.46 a week to hit your target