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Olivia heard that as a general rule, she should save at least 10% of her take- home pay. If Olivia's take-home pay is $2460 per month, what is the minimum amount per year that she should save?
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Olivia heard that as a general rule, she should save at least 10% of her take-

home pay. If Olivia's take-home pay is $2460 per month, what is the minimum
amount per year that she should save?

User OpMt
by
7.6k points

1 Answer

3 votes
10% of 2460 would need for you to move one decimal to the left. 246.0. So each month Olivia should take home $246, however, we need to find the amount PER YEAR.

$246 x 12 months= $2952

Each year Olivia should take home $2952!
User Md Wahiduzzaman Emon
by
7.6k points
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