Question

Loretta’s income last year was $81,300. She made $56,800 at her salaried job and had additional passive income. If Loretta earned the same amount of passive income each month for the entire year, approximately how much per month was it?

Answer 1

Solutions 

Loretta’s income last year was $81,300. She made $56,800 at her salaried job and had additional passive income.

81300 - 56800 = 24500
= passive income for the year.

24500/12 = 2041.67
 =passive income per month 

Answer 2

Loretta made $ 2041.67 per month.

What is Unitary method?

The unitary method is a technique for solving a problem by first finding the value of a single unit, and then finding the necessary value by multiplying the single unit value.

According to the given problem,

Amount Loretta made last year = $81,300

Loretta's income at her job = $56,800

Loretta's additional passive income = $( 81,300 - 56,800 )

                                                           = $ 24,500

Amount Loretta made each month = $\frac{24500}{12}$

                                                          = $ 2041.67

Hence, we can conclude Loretta made $ 2041.67 per month.

Learn more about Unitary method here: https://brainly.com/question/19423643

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