SOLUTION: A man earns $11 250 a year and saves $150 monthly/ a) What are his total savings? b) What percentage of his income are his savings?

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Question 1090715: A man earns $11 250 a year and saves $150 monthly/
a) What are his total savings?
b) What percentage of his income are his savings?
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
In one year he saves,
S=12%2A150
.
.
.
Comparing savings to his salary as a percentage,
%2812%2A150%2F11250%29%2A100=%2812%2A15000%29%2F11250