Question

The Rivera family planned to save 14% of its income. If the total annual income is $22,500, how much do they need to save each month.

Answer 1

`\$3,150`

Explanation:

To convert a percentage to its corresponding decimal, divide by 100. Therefore, 14% as a corresponding decimal is
`14/100=0.14`.

Multiply this decimal by the total income to get 14% of the income:

`0.14\cdot \$22,500=\boxed{\$3,150}`