Your parents have been advised to save 5% of their income for your college education,
which would include money for housing, tuition, books, and fees. How much would your
parents have saved in one year, following the recommended 5%, if they had an average
household income of $99,948? Show your work. (5 points)

Question

02-04-2021
Business

Answered

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Your parents have been advised to save 5% of their income for your college education,
which would include money for housing, tuition, books, and fees. How much would your
parents have saved in one year, following the recommended 5%, if they had an average
household income of $99,948? Show your work. (5 points)

Sagot :

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