It will take Richard and Sarah 3 years to save enough for a down payment on a house at their current rates. If the house's downpayment is $108000, calculate the amount each person saves per month if they share the monthly savings.
If they are to save every month for three years to reach the target amount, and each year has 12 months, they'll save for 12*3 = <<12*3=36>>36 months.
If the house's downpayment is $108000, the total amount they both save per month is $108000/36 = $<<108000/36=3000>>3000 every month.
Since they share the monthly savings, each person will pay $3000/2= =$<<3000/2=1500>>1500
#### 1500