Question

Business Math!

Your budget says that savings should be 11% of income. If you earn $1,500.00 a month, how much should
you save in a year?
$1.880.20
$1,880.00
$1,780.00
$1,980.00

Answer 1

$1,980.00

Step-by-step explanation:

$1,500.00 * 0.11 = $165.00

$165.00 * 12 months = $1,980.00

You should save $1,980.00 in a year.