You earn $17.50/hr and work 40 hr/wk. Your deductions are FICA (7.65%), federal tax withholding (12.3%), and state tax withholding (6.2%). Your housing and fixed expenses are 30% of your realized income per month. You want to save 5 months' worth in an emergency fund within a year. After saving each month’s emergency fund money, how much discretionary money remains per month?

One shot. if 60% of 10 is 6, then what is 70%? we know it would be seven (since 60% is mathematically 60/100, or 6/10, then 70% is 70/100, or 7/10) but we can check anyway using ratios: 6 : 60% = x : 70%*inverse multiplicationx * 60% = 6 * 70%*divide both sides by 60%x = (6 * 70%) / 60%x = 7and since he has made 6 shots already, he would need just one more to get 7 shots or 70%. if the explanation is too confusing, comment and i will try to