question archive Chapter 2 Percentages Jason Bradley has a monthly income of $4,200
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Chapter 2 Percentages Jason Bradley has a monthly income of $4,200. He spends 95% of his earnings and saves the balance. What are his annual savings?
Monthly income= $4200
Annual income= 4200*12 = $ 50400
Expenses = 95%
Savings %= 100%-95%= 5%
Annual savings amount= Annual income* Savings %
= 50400*5%
= $2520