SOLUTION: your paycheck each week is $500.00. If you want to save $2000 in one year, how much should you set aside from each paycheck?

Algebra ->  Finance -> SOLUTION: your paycheck each week is $500.00. If you want to save $2000 in one year, how much should you set aside from each paycheck?      Log On


   



Question 180284: your paycheck each week is $500.00. If you want to save $2000 in one year, how much should you set aside from each paycheck?
Answer by Mathtut(3670) About Me  (Show Source):
You can put this solution on YOUR website!
ok there are 52 weeks in a year. So lets find out how much you need to save in a week. we do this by dividing how much you want to save(2000) by the number of weeks(52)
:
2000/52=38.46 dollars per week
:
so your are setting aside $38.46 of the $500 you make per week.