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Javier monthly net income is $1,500. He requests that his bank deposit 1/5 of his monthly earnings into his savings account. how much money per year will javier contribute to hi…

Javier monthly net income is $1,500. He requests that his bank deposit 1/5 of his monthly earnings into his savings account. how much money per year will javier contribute to hi…
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1 vote
Javier monthly net income is $1,500. He requests that his bank deposit 1/5 of his monthly earnings into his savings account. how much money per year will javier contribute to his savings account?

User Jesse Van Bekkum
by
6.7k points

1 Answer

1 vote
1500 * 1/5
1500 * 0.2 = 300
300 * 12 = 3600
Javier contributes $3,600 a year to his savings.
User PPK
by
8.3k points
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