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Juliet is trying to increase her savings account and she decides that she is going save an additional $700 every month. If her monthly take home pay is $5,430, what proportion of her monthly take home pay is she saving?

Verified Answer :

Take the full amount of her pay and multiply it by .0007 equaling 3.8ish percent

Answer:  \(\dfrac{70}{543}\) of her monthly take home pay is saved by her.

Step-by-step explanation:

Since we have given that

Amount of monthly home pay = $5430

Amount of savings = $700

We need to find the proportion of her monthly take home pay is saving.

So, Proportion of her monthly take home pay which is saving is given by

\(\dfrac{700}{5430}\\\\=\dfrac{70}{543}\)

Hence, \(\dfrac{70}{543}\) of her monthly take home pay is saved by her.