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Naily [24]
2 years ago
12

Jessica earns 800 each month working a part time job. she wants to save a total of 2,400 for collage over a one- year period. wh

at percentage of Jessica's total monthly budget should go to her collage savings to meet her goal
Mathematics
1 answer:
Simora [160]2 years ago
5 0

Answer:

25%

Step-by-step explanation:

Given parameters:

Amount earned per month = 800

Her savings goal = 2400

Unknown:

Percentage of monthly income that must go into savings = ?

Solution:

In a year, Jessica will earn:

          12(800) = 9600

Now;

      To earn 2400;

 Let y be the percentage of her earning that goes into saving per year;

         2400 = \frac{y}{100} x 9600

         2400 = 96y

               y = 25%

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