If you earn $600 per month at your part-time job, and save 75% of that, how much
2 answers:
<u>Answer</u><u>: </u>
Saving after 1 year will be $5400.
<u>Explanation</u><u>:</u>
Given:
Earning in one month = $600
Saving in one month = 75 % of earning
To Find:
Need to calculate saving for the year.=?
Solution:
Lets first calculate saving for 1 month
saving in one month = 75 % of earning
=> Saving in one month = 75% of 600
=>=$450
So saving for 12 months = 12 x saving in one month = 12 x 450 = 5400
Saving in a year = saving in 12 months = $5400
Hence saving after 1 year will be $5400.
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Answer:
0
Step-by-step explanation:
The question lacks the graph to be able to solve it, I was doing a little research and I could find the graph which I will attach:
Already with the figure we can solve the question.
We have that the average exchange rate in this case would only take the normal slope between those 2 lines
. Furthermore we know that the slope (m) is given by:
m = (y2-y1) / (x2 - x1)
From the graph we have to:
y2 = 0
y1 = 0
x2 = 5
x1 = 3
we replace:
m = (0-0) / (5 - 3)
m = 0
Therefore the average rate is 0.
