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Your realized income is $2,847.69/month. your fixed expenses are 36% of your monthly income. you decide to save 40% of your discretionary monies each month. how much do you save…

Your realized income is $2,847.69/month. your fixed expenses are 36% of your monthly income. you decide to save 40% of your discretionary monies each month. how much do you save…
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Your realized income is $2,847.69/month. your fixed expenses are 36% of your monthly income. you decide to save 40% of your discretionary monies each month. how much do you save per month?

User Matt Koskela
by
7.0k points

1 Answer

3 votes
2847.69(0.36) = 1025.17
2847.69 - 1025.17 = 1822.52
1822.52(0.40) = $729.00
User Masuri
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8.1k points
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