Suppose you save 10% of your annual income for retirement and deposit this amount into an investment account monthly. If your annual income is $39,000, how much are you investing each month?

325  i just did a test and this is the answer

Step-by-step explanation:

Your monthly income is your annual income divided by 12:

= $3,250.

You are investing 10% of $3,250.

Convert 10% to decimal form:

10% = 0.10.

$3,250 × 0.10 = $325

hey there!

if she's saving for six months, let's divide the total number we need for the trip by six, dividing it into the amount that needs to be saved for each month.

500 ÷ 6 =

she needs to save at least this amount each month, so we should use this symbol: ≥

let x be the amount she saves each month.

your final answer is x ≥

hope this !