Margo is trying to be financially responsible. She is going to save 22% of her paycheck every month. If her paycheck is $2500 each month, then how much money will she have saved after a year of saving?(1 point) Responses $1,363 $1,363 $6,600 $6,600 $9,500 $9,500 $11,364
Margo is planning to save 22% of her paycheck every month. This means she will save 22/100 * $2500 = $<<22/100*2500=550>>550 every month.
After a year of saving, she will have saved a total of $550/month * 12 months = $<<550*12=6600>>6600. Answer: \boxed{6600}.