Question

Javier monthly net income is $1,500. He requests that his bank deposit 1/5 of his monthly earnings into his savings account. how much money per year will javier contribute to his savings account?

Answer 1

1500 * 1/5
1500 * 0.2 = 300
300 * 12 = 3600
Javier contributes $3,600 a year to his savings.