Gulnaz saves 14% from each paycheck to pay for her future education at BYU Idaho. She receives $1634.57 every two weeks. How much money does Gulnaz save each month?Group of answer choices$116.77 per month$233.54 per month$228.84 per month$457.68 per month
Question
Gulnaz saves 14% from each paycheck to pay for her future education at BYU Idaho. She receives 116.77 per month228.84 per month$457.68 per month
Solution
First, we need to find out how much Gulnaz saves from each paycheck.
She saves 14% of her paycheck, so we multiply her paycheck amount by 14% (or 0.14 in decimal form):
228.84
This is the amount she saves every two weeks.
Since there are about 4 weeks in a month, and she gets paid every two weeks, she will receive two paychecks in a month.
So, we multiply the amount she saves from each paycheck by 2 to find out how much she saves in a month:
457.68
So, Gulnaz saves $457.68 per month.
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