Saving money enables users to save your life safely. Users should save at least 20% of their income.
Following are the calculation on money that is saved by Marco per paycheck:
Given:
Save for New car on each paycheck [tex]\bold{= \frac{4}{20}}[/tex]
Save for retirement on each paycheck [tex]\bold{= \frac{2}{20}}[/tex]
Earn on paycheck [tex]= \bold{\$2708}[/tex]
Calculating the total save on paychecks:
[tex]\to \bold{ (\frac{4}{20} +\frac{2}{20}) \times \$2708}\\\\\to \bold{ (\frac{4+2}{20} ) \times \$2708}\\\\\to \bold{ \frac{6}{20} \times \$2708}\\\\\to \bold{6 \times \$ 135.4 }\\\\\to \bold{ \$812.4}\\\\[/tex]
Therefore, Macro saves $812.4 per paycheck.
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