Olivia heard that as a general rule she should save at least 10% of her take home pay if Olivia take home pay is $2460 per month
what is the minimum amount per year that she should have
2 answers:
2460 per month is 29520 per year. Thus 10% of 29520 is 2952 dollars
She is going to save at least 10% of her take home pay.....and her take home pay is 2460 per month....
so she should be saving (0.10 * 2460) = 246 per month....
there are 12 months in a year...
so thats ( 246 * 12) = $ 2952 per year....at least <==
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