Question

rajebdra was planning an annual vacation by depositing a certai amount on a monthly basis (jan to dec0.he could not make the monyhly deposit during the months of june to july to rach the goal of the same annual vacation budget by what should rajendra increase his montly inconme

Answer 1

Answer:

He can increase by saving and investments

Answer 2

Leaving the money in your savings account is a good option because you can access it right away.

Explanation:

This, however, implies that the monies could be transferred to other uses. You'll need to keep it somewhere out of sight but reachable at all times. Because the goal is so short-term, the returns aren't relevant (typically 6-12 months). Bakshi put Rs 3 lakh into a fixed deposit three months ago to start saving for their trip. The current interest rate is a pathetic 6.25 percent, which will be further reduced by the tax. Rather of generating large returns, the idea is to lay aside money for a specified reason.