Question

malas annual income is 534250 she spend 480and saves the rest how muchmoney does she save every month if she saves a equal ammount every month​

Answer 1

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As her annual income is 534250, first we find out her monthly income by dividing it by 12 (1 year = 12 months)

534250/12 =44,520.83

next her annual expenditure is 480250, we next find out her monthly expenditure by dividing it by 12.

480250/12= 40,020.83

Now for finding the amount saved by her every month simply subtract the monthly income by the monthly expenditure.

44,520.83 - 40,020.83 = 4,500.00

Thus, her monthly savings = 4,500.