Question

Jimmy will need 85,500 to attend the College of his choice if he and his family save the same amount each month for 3 years what is the minimum monthly amount that should save

Answer 1

85,500 / 3 years = 28,500 per year
28,500 per year / 12 months in a year = 2,375

They should save 2,375 per month

Answer 2

The family need to save minimum $2375 for each month. Hoped it help!