Animemusicspectrum
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  • 14-07-2021
  • Mathematics
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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.

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Corsaquix
Corsaquix Corsaquix
  • 14-07-2021

Answer:

[tex]\$3,150[/tex]

Step-by-step explanation:

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

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

[tex]0.14\cdot \$22,500=\boxed{\$3,150}[/tex]

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