1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fantom [35]
3 years ago
6

Lorinda has started to think about saving for retirement. She reads a recommendation that says she should save at least 3/10 of

her income because she is over 40 years old. Lorinda makes $44,000 a year. How much should she save in one year according to this recommendation
Business
1 answer:
Bumek [7]3 years ago
3 0

Answer:

          \large\boxed{\large\boxed{\$ 13,200}}

Explanation:

This is an algebra question about fractions.

You need to find 3/10 of the income, and the income is $44,000.

You must muliply the fraction 3/10 by the $44,000 income.

To multily one fraction by a whole number you convert the whole number to a fraction with denominator 1. Then multiply numerator with numerator and denominator with denominator. This is how:

                     \dfrac{3}{10}\times \dfrac{\$ 44,000}{1}=\dfrac{3\times \$ 44,000}{10}=\\\\\\=\dfrac{\$ 132,000}{10}=\$ 13,200

You might be interested in
Which career would organize, train, and support teachers and educational workers to help them provide better
Tresset [83]

Answer:

(C)

Explanation:

Hope It Helps  ;)

7 0
3 years ago
Read 2 more answers
Mr. Morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. He has a mortgage of $910 a month and pay
Semmy [17]

Answer:

the mortgage.

Explanation:

5 0
3 years ago
Read 2 more answers
Ada signed a simple discount promissory note for $5,500. the discount rate is 12%, and the term of the note is 5 months. what ar
Ivahew [28]
<span>Given that, Promissory note A = 5,500 Discount rate i = 12% i = 12/100 Term n= 5 months we know that, 1 year = 12 months 5 months= 5/12 So we get, A = 5,500 i = 12/100 n= 5/12 To find the ada's proceeds on the loan formula is, Proceeds=A(1+i)^n ........... (1) Put the value of A,i,n in equ (1) Proceeds=5500(1+12/100)^5/12 =5500(1+0.12)^0.417 =5500(1.12)^0.41667 =5500(1.04835) Proceeds=5765.94 Therefore $5765.94 Proceeds on the loan</span>
3 0
3 years ago
Meeting the spending targets in this budget meant some very difficult choices. —president barack obama, 2012 budget message of t
Ostrovityanka [42]

The meaning of making "difficult choices" when creating a federal budget is: D. deciding what will be funded and what will be cut.

<h3>What is a federal budget?</h3>

A federal budget refers to a financial plan that is typically used by the government for the estimation of the revenue (taxation) and expenditures (spending) of a country over a specified period of time, which is often one year.

This ultimately implies that, making "difficult choices" when creating a federal budget simply means to decide what will be funded by the government and what will be cut from the budget.

Read more on budget here: brainly.com/question/13964173

#SPJ4

5 0
2 years ago
What effect do challenging team goals have on social loafing?
dmitriy555 [2]
I think it’s C but I’m not quite sure about that
6 0
2 years ago
Other questions:
  • $16,281$⁢16,281 is invested, part at 15%15% and the rest at 13%13%. If the interest earned from the amount invested at 15%15% ex
    8·1 answer
  • The risk-free rate is 5%; Stock A has a beta of 2.0; Stock B has a beta of 1.0; and the market risk premiumis positive. Which of
    15·1 answer
  • A new mall will be constructed in a large city. Why are business owners most likely viewing a topography map before construction
    5·1 answer
  • How walmart motivate thier employees?
    8·1 answer
  • At ABC Services, Inc., all employees share a common set of beliefs and values that influence their behavior. This refers to orga
    15·1 answer
  • I'm lonely i need a bf
    15·2 answers
  • A family is the basic unit of a consumer sector.<br><br> Question 6 options:<br> True<br> False
    7·1 answer
  • A customer slipped and fell in a store and was severly injured. As required by state regulation, the store's manager conducted a
    15·1 answer
  • Jacob is looking to buy some car insurance and is reviewing different policies from several different agencies. The first policy
    7·1 answer
  • Who is responsible for governing a condominium?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!