How to calculate total savings goal from current percentage saved?
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I've saved $ , which is % of my goal.
What is my total savings target?
Type of calculation: Calculating the original value when
you know a percentage and the partial amount.
How to use the calculator: Use the Original Value CALCULATOR ("What is the original value if X% of it equals Z?"). Enter 20 [X] and $5000 [Z]. It will calculate the total goal amount.
The formula:
We want the total target amount (original value), knowing that 20% of it is $5000.
Formula: Original value = Z / (X / 100)
Total target amount = $5000 / (20 / 100) = $5000 / 0.2 = $25000
How to use the calculator: Use the Original Value CALCULATOR ("What is the original value if X% of it equals Z?"). Enter 20 [X] and $5000 [Z]. It will calculate the total goal amount.
The formula:
We want the total target amount (original value), knowing that 20% of it is $5000.
Formula: Original value = Z / (X / 100)
Total target amount = $5000 / (20 / 100) = $5000 / 0.2 = $25000
Answer: I need to save a total of $ .