209k views
1 vote
Ruth's gross biweekly pay is $1805. To maintain her current lifestyle, how much should she save up by the time she retires?

2 Answers

0 votes

$469,300 is the answer for my K12 homie

User Denys Synashko
by
5.2k points
2 votes

Answer:

The answer is $469,300.

Explanation:

Ruth's gross biweekly pay is $1805.

Now we will multiply this by 26 to get the yearly salary. Bi weekly means paid twice a month.

This means her yearly pay will be =
1805*26=46930 dollars

To maintain her current lifestyle, Ruth should save at least 10 times the money.

So, the amount becomes
46930*10=469300 dollars

User Spatial
by
5.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.