If you intend to begin saving 25 percent of your income and you bring home $50 a week, how much will you save in one year, if you work all 52 weeks

Answer : His saving in 52 weeks is $ 867.

Step-by-step explanation :

Let the income per week be $100.

Saving = 25%

Saved income = $25

Take home income = $100 - $25 = $75

If he take home $75 a week then his saving = $25

If he take home $50 a week then his saving =

                                                                           =

His saving in 1 week =

His saving in 52 weeks =

                                        = $ 866.66

                                        ≈ $ 867

Therefore, his saving in 52 weeks is $ 867.

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