QuestionAugust 22, 2025

Janetta wishes to buy a commercial building to expand her business and nee to save for the down payment. If she wants to save 2,500,000 Assume (unrealistically) that,the price of the building won't change while she saves. Question Now calculate how much she would need to save each month to realize her goal in 15 years Round to the nearest cent square square I don't know 2 attempts

Janetta wishes to buy a commercial building to expand her business and nee to save for the down payment. If she wants to save 2,500,000 Assume (unrealistically) that,the price of the building won't change while she saves. Question Now calculate how much she would need to save each month to realize her goal in 15 years Round to the nearest cent square square I don't know 2 attempts
Janetta wishes to buy a commercial building to expand her business and nee
to save for the down payment.
If she wants to save 2,500,000 Assume (unrealistically) that,the price of the
building won't change while she saves.
Question
Now calculate how much she would need to save each month to realize her
goal in 15 years Round to the nearest cent
 square 
square  I don't know
2 attempts

Solution
3.4(336 votes)

Answer

\13,888.89 Explanation 1. Determine Total Months Calculate the total number of months in 15 years: 15 \times 12 = 180 months. 2. Calculate Monthly Savings Divide the total savings goal by the total number of months: \frac{2,500,000}{180}.

Explanation

1. Determine Total Months<br /> Calculate the total number of months in 15 years: $15 \times 12 = 180$ months.<br /><br />2. Calculate Monthly Savings<br /> Divide the total savings goal by the total number of months: $\frac{2,500,000}{180}$.
Click to rate:

Similar Questions