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20 January, 16:51

With the amount of money you received from your paycheck, ($589.69 you want to put 8% of it into your savings account. How much money will you be placing into your savings account?

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  1. 20 January, 18:21
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    Given:

    pay = 589.69

    rate = 8% of the pay into your savings account.

    Simply multiply 8% to the amount of the paycheck.

    589.69 x 8% = 47.18 amount to deposit to savings account

    589.69 - 47.18 = 542.51 amount to take home
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