Question

Ron Haslam gets a Social Security benefit of $1,200 per month. His wife receives a benefit equal to 40 percent of Ron's benefit. If they take an additional $250 per month from savings, what will their monthly income be?

Answer 1

the awnser would be $230

Answer 2

Their monthly income be $1930.

Explanation:

Consider the provided information.

Ron Haslam gets a Social Security benefit of $1,200 per month.

His wife receives a benefit equal to 40 percent of Ron's benefit.

Calculate the 40% of 1200 as shown.

`(40)/(100)* 1200=480`

That means his wife receives a benefit of $480.

They take an additional $250 per month from savings.

Their monthly income be;

$1200+$480+$250 = $1930

Hence, their monthly income be $1930.