Mark wants to visit his foreign exchange brother who lives in Brazil. Hed like to make the trip 18 months from now, right after graduation. Mark estimates that he will need $3, 000 total to pay for transportation, food, and other expenses. He has already saved $300. How much will Mark need to save each month to reach his goal?

MONEY MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Mark wants to visit his foreign exchange “brother” who lives in Brazil. He’d like to make the trip 18 months from now, right after graduation. Mark estimates that he will need $3, 000 total to pay for transportation, food, and other expenses. He has already saved $300. How much will Mark need to save each month to reach his goal?

A	$150
B	$167
C	$225
D	$2, 700

Explanation:

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ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT