Question

Kristen earns $550 each week after taxes. She deposits 10% of her income in a savings account and 7% in a retirement fund. How much does Kristen have left after the money is taken out for her savings account and retirement fund?

Answer 1

Kristen is left with $456.5 after taking money out for her savings account and the retirement fund weekly.

Explanation:

Kristen earns $550 each week after taxes.

She deposits 10% of her income in a savings account. 10% of $550 = $55.

She then deposits 7% of her income in a retirement fund. 7% of $550 = $38.5

After taking money out for her savings account and the retirement fund, Kristen will be left with

$550 - $55 - $38.5 = $456.5

Hope this Helps!!!