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I started my savings account with 105 i adds 10 to it each month including the first month ray started his account with 0 he adds 25 to it each month after how many months will we have the same amount?

After 7 months you will both have $175.


645 savings account and save 25 each month how long it will take to 795?

It would take 6 months.


How much interest a Month on savings?

I am opening an account which is 2.3% interest. If I have 10,000$ which the interest is calculated daily, will I recieve the 230$ interest per month, or 230/12 months


What is Possessive phrase for more than one month?

The possessive form is more than one month's.Example: I have more than one month's salary in my savings account.


What is orange account?

An Orange account is a savings account offered through ING Direct. The money in your Orange savings account builds interest daily and then it is compounded every month. That money is then made available to use on purchases at the end of each month.


What are some of the limitations of a savings account?

One limitation of a savings account is the amount of withdrawals you can make per month. Unlike a checking account, which let's you withdraw money until there are no funds left, savings accounts are restricted to 6 withdrawals per month. Another limitation is that withdrawals usually can only put into a linked checking account- you can't directly transfer funds from a low-interest savings account to a savings account with a higher yield.


How much would you say is a good amount of money to save each month?

You should save enough so that eventually you have 8 months' salary in a savings account.


In which kind of savings plan does the interest rate vary from month to month?

Money market account


How much per month to save 2000 a year?

To save $2,000 in a year, you would need to save approximately $167 per month. This is calculated by dividing $2,000 by 12 months. If you want to account for any interest from a savings account, you might save slightly less each month depending on the interest rate.


How do you save 10000 in 18 months?

To save $10,000 in 18 months, you need to set a monthly savings goal of approximately $555. Start by creating a budget to identify areas where you can cut expenses and allocate those savings toward your goal. Consider setting up an automatic transfer to a separate savings account each month to ensure consistency. Additionally, look for opportunities to increase your income, such as a side job or freelance work, to help reach your target faster.


Ahmad's monthly savings amount is 6197. What is Ahmad's total savings for 9 months rounded off to the nearest ten?

In 9 months, you can expect the savings to be 9 times as much as in one month.


Ryan transfers 15 percent of his monthly pay into savings account. if max makes $1850 per month how much will he save in a year?

1850 * 0.15 = 277.5. In a month he saves $277.50, so in 12 months he will save 277.5 * 12 = 3,330. $3,330.00 is the answer.