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Viefleur [7K]
4 years ago
15

Colin just graduated from college with a degree in engineering. He decided to create a personal budget to help him pay all of hi

s bills and still save money for retirement. His first monthly paycheck, after taxes, was $3,900. He had the following expenses. Fixed expenses (rent and monthly bills) were $2,535. He spent $507 for food. Entertainment cost him $390. The remainder of his paycheck Colin placed in a savings account for retirement. What percent of his paycheck did he save for retirement?
A. 12%
B. 22%
C. 17%
D. 7%
Mathematics
1 answer:
drek231 [11]4 years ago
5 0
His overall expenses were 3,432 so if you figure out what one percent of 3,900 is you can figure out that.
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