SOLUTION: Rob wants to buy a new canoe that will cost $720. How many months will it take him to save enough money to buy it if his cash inflows average about $420 a month and his current ca

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Rob wants to buy a new canoe that will cost $720. How many months will it take him to save enough money to buy it if his cash inflows average about $420 a month and his current ca      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1168396: Rob wants to buy a new canoe that will cost $720. How many months will it take him to save enough money to buy it if his cash inflows average about $420 a month and his current
cash outflows are $360 a month?

Answer by ikleyn(52776) About Me  (Show Source):
You can put this solution on YOUR website!
.

    how many months = 720%2F%28420-360%29 = 720%2F60 = 12 months.    ANSWER

Solved.