Question 1
Li earns $30 each week mowing lawns in her neighborhood. She puts 60% of her
earnings into her savings account at the end of each month. How much money
does Li deposit into her account each month? Show your work
To find the amount of money Li deposits into her account each month, we need to calculate 60% of her total earnings in a month.
Since she earns $30 each week, she earns $30 x 4 = $<<30*4=120>>120 in a month.
To find 60% of $120, we multiply $120 by 60/100: $120 x 60/100 = $<<120*60/100=72>>72.
Therefore, Li deposits $72 into her account each month.