select the correct answer. leeann earns an annual salary of $50,000 after taxes. her average expenses per…

select the correct answer. leeann earns an annual salary of $50,000 after taxes. her average expenses per month come to $3,350. if she saves all the money that she doesnt use to pay expenses, how much will she have in savings at the end of the year? a. $3,350 b. $3,887 c. $7,516 d. $9,800

select the correct answer. leeann earns an annual salary of $50,000 after taxes. her average expenses per month come to $3,350. if she saves all the money that she doesnt use to pay expenses, how much will she have in savings at the end of the year? a. $3,350 b. $3,887 c. $7,516 d. $9,800

Answer

Explanation:

Step1: Calculate annual expenses

Monthly expenses are $3,350. Annual expenses = $3,350×12 = $40,200$.

Step2: Calculate annual savings

Annual salary is $50,000. Annual savings = Annual salary - Annual expenses = $50,000 - 40,200=$9,800$.

Answer:

D. $9,800