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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

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