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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?

Respuesta :

Answer:

$3250

Step-by-step explanation:

10% of 32500 = 3250

3250 x 12 months = $39,000

pilchergirl2003

Answer:

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

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