Margo is trying to be financially responsible. She is going to save 22% of her paycheck every month. Her paycheck is $2500 each month. How much money will she have saved after a year of saving?

Question

Margo is trying to be financially responsible. She is going to save 22% of her paycheck every month. Her paycheck is $2500 each month. How much money will she have saved after a year of saving?
(Don't get the answer wrong please)

A. 1,363

B. 6.600

C. 9,500

D. 11,364

GPT 3.5 · Answer

B. $6,600 To calculate: 22% of $2500 = $550 saved each month $550 x 12 months = $6,600 saved after a year.