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Your parents have been advised to save 5% of their income for your college education, which would include money for housing, tuition, books, and fees. How much would your parents have saved in one year, following the recommended 5%, if they had an average household income of $48,948? Show your work

2 Answers

4 votes

Answer:

2447.40 that the answer

User Esraa Alattar
by
4.6k points
5 votes

Answer:

2447.40

Explanation:

48,948 * .05 = 2447.40

User ManavM
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3.7k points