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tresset_1 [31]
2 years ago
10

Use the accompanying table to answer the questions regarding money ratios.

Mathematics
1 answer:
Artist 52 [7]2 years ago
4 0

The 40-year-old should have $76800 in capital. The 35-year-old should be saving $$10,320 for retirement.

<h3>How to solve for the amounts</h3>

The capital that a 40 year old has to have with an income of 32000 is

capital income at age 40 * income

= 2.4 * 32000

Capital = $76800

b. At 35 the savings income has to be

percentage of savings income * income

= 12% * $86000

= $10,320

c. There is no specified value for education earnings.

Read more money ratios here:

brainly.com/question/16812427

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Answer:

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Part II: Evaluation is below

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<em>Everything is done in degrees</em>

<em />

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