SOLUTION: You are saving to buy your first new car priced at $19,000! You have already saved $2,500 and you want to have enough money in three years to purchase your car. How much money

Question 1016000: You are saving to buy your first new car priced at $19,000! You have already saved $2,500 and you want to have enough money in three years to purchase your car.
How much money will you have to save each month to be able to buy your dream car?
Could please explain the answer. I get 458.3333
Answer by macston(5194) (Show Source): You can put this solution on YOUR website!
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$19000-$2500=$16500
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You must still save $16500 in 36 months.
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$16500/36 months=$458.33/month
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