Question

John's monthly salary is $7,000. If John deposits 0.75 of his paycheck into a savings account. How much does he put into his savings every month?

Answer 1

Answer:

John puts $5250 into his savings account every month.

Step-by-step explanation:

Answer 2

John's monthly savings is $5250

How to determine the monthly savings?

The given parameters are:

• Salary = $7000
• Savings proportion = 0.75 of monthly salary

This means that the monthly savings is:

Savings = 0.75 * $7000

Evaluate the product

Savings = $5250

Hence, John's monthly savings is $5250

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