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I'm trying to calculate the average amount of profit needed to hit a milestone based on the number of months remaining.

So let's say the goal is £1,000 and there are 5 months left. If I have £400 currently how can I calculate how much needs to be made in the remaining 5 months? I've tried a few calculations but I seem to be way off so far.

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1 Answer 1

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You check how much more do you need, thats $1000-400 = 600$ and then divide that by the number of months, in this case it's 5. So you'll need to earn at average $120$ dollars per month in the next 5 months in order to reach the goal.

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It seems so simple now, thanks –  user90311 Aug 14 '13 at 10:22
    
You're welcome. Hope it helps. –  Stefan4024 Aug 14 '13 at 10:30

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