Question 1

Li earns $30 each week mowing lawns in her neighborhood. She puts 60% of her
earnings into her savings account at the end of each month. How much money
does Li deposit into her account each month? Show your work

1 answer

To find the amount of money Li deposits into her account each month, we need to calculate 60% of her total earnings in a month.

Since she earns $30 each week, she earns $30 x 4 = $<<30*4=120>>120 in a month.

To find 60% of $120, we multiply $120 by 60/100: $120 x 60/100 = $<<120*60/100=72>>72.

Therefore, Li deposits $72 into her account each month.