Greta’s paycheck is $2400.00. She puts 50% of her pay into her retirement account. She then uses 20% of her paycheck to make her monthly car payment. After funding her retirement and paying for her car, how much money does she have left to spend?
How much does Greta put into her retirement? ** Her paycheck is $2400.00 and she puts 50% into her retirement so that’s 2400*.50 = $<<2400*.50=1200.00>>1200.00
How much does Greta have left after putting money into retirement? ** Her paycheck is $2400.00 and she puts $1200 into retirement so that leaves 2400-1200 = $<<2400-1200=1200.00>>1200.00
How much does Greta pay for her car? ** Her car payment is 20% of 2400 so her car payment is .20*2400 = $<<20*.01*2400=480.00>>480.00
How much money does Greta have left after making her car payment? ** She had $1200 left and she uses $480.00 to make her car payment which leaves her with 1200-480 = $<<1200-480=720.00>>720.00 remaining for spending
#### 720