SOLUTION: an employee who receives 306.00 each payday saves 1.50 of every 9.00 of his earnings. If an employee is paid two times a month, how much would he save after four months?

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Question 621935: an employee who receives 306.00 each payday saves 1.50 of every 9.00 of his earnings. If an employee is paid two times a month, how much would he save after four months?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 
Hi,
an employee who receives 306.00 each payday
saves 1.50 of every 9.00 of his earnings or 34%2A1.50+=+51dollars each payday
If an employee is paid two times a month, how much would he save after four months?
8 pay days. 8%2A51 = $408