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kow [346]
3 years ago
10

C) Your parents have been advised to save 5% of their income for your college education

Mathematics
2 answers:
My name is Ann [436]3 years ago
7 0

48,948 * 5% = 2447.4

MatroZZZ [7]3 years ago
4 0

Answer:

Your parents will have saved $2447.40 in a year.

Step-by-step explanation:

Your parents have been advised to save 5% of their income for your college education.

Their annual income is = $48948

So, 5% of this will be = 0.05\times48948=2447.40 dollars

Hence, your parents will have saved $2447.40 in a year.

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