If you want to say 30,000 to buy home in five years how much will you need to set aside per paycheck if you get paid monthly assuming no interest accrual

$500

Explanation:

Accrued interest is the accumulated interest earned on savings. In a savings plan, interest earned increases the balance of the account. At the end of a period, the balance will be the amount saved plus the accrued interest. If an account is not earning interest, only the amount saved will reflect on the account.

If $30,000 is the amount required, it will be divided by the number of months in saving duration. The saving duration is 5 years, every month, a total of 60 months

every month, you will set aside $30,000 divide by 60 months

=$30,000/60

=$500

if i need to borrow money for anything, it would be for something like a house or an apartment but, that depend on the situation.

is this good enough?

answer decisions made by individual households and firms;