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Savings
calculating for long and short term goals
| Question | Answer |
|---|---|
| Brent wants to save for a new four wheeler. The four wheeler costs $2000. How much does Brent need to save each month if he would like to purchase the four wheeler in 2 years. | $83.33 |
| Is Brent saving for the four wheeler a long term goal or a short term goal? | Long term goal |
| Cameron would like to purchase a video game for $49.99. Should Cameron set a long term goal or a short term goal to purchase this item? | Short term goal |
| Leif would like to purchase a Pontiac G8 for $32000 in 8 years. How much money should Leif begin saving each month? | $333.33 |