Mary saves for a holiday each year.In 2020 she saved a total of $720 In 2021, each month she saved $78The total amount Mary saved in 2021 was P% more than the total she saved in 2020(a) Work out the value of P

Kelly starting setting aside funds six years ago to buy some new equipment for her firm. She has saved $2,000 each quarter and earned a return of 7.50% p.a. compounded quarterly. How much money does she currently have saved for this purpose? Group of answer choices $61,803.48 $61,666.67 $62,224.04 $59,924.38 $59,022.03

Sofia and Elena want to save money. They each make a plan to save 2000 pesos a month for the next 10 years. Sofia puts her savings into a clay pot each month. Elaina puts her savings into a bank account paying 2.5% interest. At the end of 10 years how would you expect the totals saved to compare?Group of answer choicesElena's total will likely be more than ten times Sofia's total because of the time of the savings.Sofia's total will likely be much greater than Elena's total because of the safety her savings have.Elena's total will likely be 30000 or more pesos greater than Sofia's total because of the interest her savings accrue.Elena's total will be 2.5% greater than Elena's total because the interestSofia's total and Elena's total are likely similar if not the same.

Susan would like to receive $70,000 in the first year of her financial independence at age 60. After this first income payment, she is content with her annual income growing at the rate of 2% per annum below the rate of inflation. She would like this income to be paid indefinitely. She expects inflation to be 3% per year and her investments to achieve nominal returns of 6% per year (compounded yearly). Assuming that all calculations are to be performed in ‘real’ terms, how much does she need to save for financial independence (to the nearest dollar)

comes of Sophia and Alice are in the ratio of 7 : 9 and each of them saves $360. Find Sophia's income, if the ratio of their expenditures is 2 : 3? Ops: A. $1420 B. $1360 C. $1080 D. $840 Q 07. Jacob spends 8% of his income on transport and 60% of the remaining amount on food. After these expenses, he managed to save $662.4. His income is: Ops: A. $1000 B. $1100 C. $900 D. $1800

Chris earns $2480 a month. He spends $1620 every month and saves the rest. How much will he save in 5 years?