To calculate how much you can save by setting aside $50 per week for one year, follow these steps:
- Determine the number of weeks in one year: There are 52 weeks in a year.
- Calculate the total savings: Multiply the amount saved per week ($50) by the number of weeks in a year (52):
Total Savings = $50/week * 52 weeks/year = $2,600
So, by saving $50 per week for one year, you can save a total of $2,600.