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
1 answer:
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 =
x 9600
2400 = 96y
y = 25%
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