65.3k views
2 votes
If an employee invests the full 15% of their $2500 monthly earnings in a retirement account, how much are they investing each month?

A. $375
B. $225
C. $250
D. $300

1 Answer

2 votes

Final answer:

An employee investing 15% of their $2500 monthly earnings into a retirement account would be investing A. $375 each month.

Step-by-step explanation:

If an employee invests the full 15% of their $2500 monthly earnings in a retirement account, the amount being invested each month can be calculated by taking the percentage of the monthly earnings. Here's the step-by-step calculation:

Convert the percentage to a decimal: 15% = 0.15. Multiply the decimal by the monthly earnings: 0.15 × $2500 = $375.

Therefore, the employee is investing A. $375 each month into their retirement account.

User Tiancheng Liu
by
7.1k points