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3 years ago

9

Margarete has a monthly salary of $1200. she spends $240 per month on food. what percent of her monthly salary does she spend on

food? list the knowns and unknown

1 answer:

vivado [14]3 years ago

4 0

Monthly Salary: $1200

Monthly food bills: $240

% of monthly salary spent on food is 20%.

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Octavio wants to compare the gross national product for six different countries for the year 2016. the best way for him to displ

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Same goes for the worker in this scenario. They know that the amount they saved is all they have now and into the future so they are adjusting their expenses to ensure they survive on that saving.

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As per the given figure, after calculating the accumulated amount, the figure that has been arrived is $1,232.

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Accumulated value or accumulated amount, both are synonyms. It is used to refer to the cash value. Basically, this means there is an easy way of calculating the accumulated value.

All one has to do is to find the total or the sum of the initial investment and, in that addition, the interest which has been earned till date will be added. Formula for calculating the simple interest is

Accumulated amount =Principal amount (1+rate * time)

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Learn more about accumulated amount from here:

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