johnson41justin johnson41justin
  • 22-04-2019
  • Mathematics
contestada

Ruth's gross biweekly pay is $1805. To maintain her current lifestyle, how much should she save up by the time she retires?

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MvanMwilson MvanMwilson
  • 25-04-2019

$469,300 is the answer for my K12 homie

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chisnau chisnau
  • 27-06-2019

Answer:

The answer is $469,300.

Step-by-step explanation:

Ruth's gross biweekly pay is $1805.

Now we will multiply this by 26 to get the yearly salary. Bi weekly means paid twice a month.

This means her yearly pay will be = [tex]1805\times26=46930[/tex] dollars

To maintain her current lifestyle, Ruth should save at least 10 times the money.

So, the amount becomes [tex]46930\times10=469300[/tex] dollars

Answer Link

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