Asked by Kevin Buakuma-Sayers on Jun 28, 2024
Verified
Jim wants to buy a computer.The total cost is $1,180.If he can save $60 a month,how long will it take for him to save up for the computer?
Total Cost
The complete amount of money spent on producing or acquiring goods or services, including all variable and fixed costs.
Save Up
The act of regularly setting aside a portion of income or resources for future use or for a specific goal.
- Calculate the time needed to save for significant purchases based on a fixed savings rate.
Verified Answer
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Learning Objectives
- Calculate the time needed to save for significant purchases based on a fixed savings rate.
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