SOLUTION: You need to have $75,000 in two years to be able to make a down payment on a house. What do you need to do in order to determine how much will be required to save monthly?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: You need to have $75,000 in two years to be able to make a down payment on a house. What do you need to do in order to determine how much will be required to save monthly?      Log On

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Question 853916: You need to have $75,000 in two years to be able to make a down payment on a house. What do you need to do in order to determine how much will be required to save monthly?
Answer by checkley79(3341) About Me  (Show Source):
You can put this solution on YOUR website!
75,000/24=$3,125.00 PER MONTH MUST BE SAVED,