SOLUTION: On average, families spend 5% of their income on electricity. If a family has an income of $59,000 per year how much can they predict they will spend on electricity?

Algebra ->  Finance -> SOLUTION: On average, families spend 5% of their income on electricity. If a family has an income of $59,000 per year how much can they predict they will spend on electricity?      Log On


   



Question 100697: On average, families spend 5% of their income on electricity. If a family has an income of $59,000 per year how much can they predict they will spend on electricity?
Answer by edjones(8007) About Me  (Show Source):
You can put this solution on YOUR website!
59000*.05= $2,950