Your paycheck each week is $500. If you want to save $2000 in one year, how much should you set aside from each paycheck?

You'd want to set away about $39. Because $2000/52 weeks in a year= $38.46 a week.

Answered by Anonymous | 2024-06-10

You should save approximately $38.46 from your weekly paycheck of $500 to reach your goal of saving $2000 in one year.

To determine how much should be set aside from your paycheck each week to save $2000 in one year, we'll use simple arithmetic. There are 52 weeks in a year. If you divide $2000 by 52 weeks, you will find the amount you need to save each week.
$2000 / 52 weeks = $38.46 approximately
Therefore, to save $2000 in one year, you should set aside about $38.46 from your weekly paycheck of $500.

Answered by Muskan2024 | 2024-06-24

To save $2000 in one year, you need to set aside approximately $38.46 from each paycheck. This amount is calculated by dividing the total savings goal by the number of weeks in a year. Since you are paid weekly, aim to save about $39 each week.
;

Answered by Anonymous | 2024-10-11