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WILL MARK BRAINLIEST!!! PLS HELP ASAP!!!
Lorinda has started to think about saving for retirement. She reads a recommendation that says she should at least 3/10 of her income because she is over 40 yrs old.
Lorinda makes $69,000 a year. How much should she save in one year according to this recommendation?

Respuesta :

kailawebb2005

Answer:

20700

Step-by-step explanation:

3/10ths of 69,000 is 20,700

TheBusinessMan

Answer:

Lorinda should save $20,700 per year.

Step-by-step explanation:

Knowns:

Savings recommendation = 3/10 or 30% of her income

Her income = $69,000/year

We can solve this by multiplying 69,000 by .3 which equals 20,700.

Lorinda should save $20,700 per year for retirement.

I hope this helps!

-TheBusinessMan

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