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The Lopez Family meets with a financial planner who advises them to save 15% of their income per month for college savings for their children. They earn $8,540 per month. How much will the Lopez family
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The Lopez Family meets with a financial planner who advises them to save 15% of their income

per month for college savings for their children. They earn $8,540 per month. How much will
the Lopez family save each month for future college expenses?

User Sean Burlington
by
8.6k points

1 Answer

7 votes

Answer:

$1281

Explanation:


8540 * (15)/(100) \\ 1281

User Farlop
by
8.8k points
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