Question
upstudy study bank question image url

Queston 2 Sue works in a bank ant her tale-home pay is 597 L 55 per futright. Her eqperses ale sho the table. a What is Sue's annual income? \( \qquad \) \( \qquad \) \( \qquad \) \( \qquad \) b What are her sevings per fortright? \( \qquad \) \( \qquad \) \( \qquad \) \( \qquad \) c How much can she save towards her holitays each yean? \( \qquad \) \( \qquad \) \( \qquad \) 36

Ask by Burgess Morrison. in Iran
Jan 11,2025

Real Tutor Solution

Tutor-Verified Answer

Answer

**Sue's Annual Income is £15,536.30.** For her savings per fortnight and annual savings towards holidays, please provide the expense details from the table.

Solution

Sure, let's break down **Question 2** step by step. From your description, it seems there's a table detailing Sue's expenses, which is crucial for parts (b) and (c). Since the table isn't provided, I'll guide you on how to approach each part. If you can supply the expense details later, we can dive deeper into those sections. ### a) **What is Sue's Annual Income?** Sue's take-home pay is **£597.55 per fortnight**. To calculate her annual income: 1. **Determine the number of fortnights in a year:** - There are 52 weeks in a year. - \( \frac{52 \text{ weeks}}{2} = 26 \text{ fortnights} \) 2. **Calculate the annual income:** \[ \text{Annual Income} = \text{Fortnightly Pay} \times \text{Number of Fortnights} \] \[ \text{Annual Income} = £597.55 \times 26 = £15,536.30 \] **Sue's annual income is £15,536.30.** --- ### b) **What Are Her Savings Per Fortnight?** *Since the expenses table isn't provided, here's how you can calculate her fortnightly savings:* 1. **Identify Total Fortnightly Expenses:** - Sum up all her expenses listed in the table for one fortnight. 2. **Calculate Savings:** \[ \text{Savings per Fortnight} = \text{Fortnightly Income} - \text{Total Fortnightly Expenses} \] *Example (assuming hypothetical expenses):* - **Fortnightly Income:** £597.55 - **Total Expenses:** £400.00 - **Savings:** £597.55 - £400.00 = £197.55 *Replace the £400.00 with Sue's actual fortnightly expenses to find the accurate savings.* --- ### c) **How Much Can She Save Towards Her Holidays Each Year?** *To determine her annual savings towards holidays:* 1. **Calculate Annual Savings:** - Multiply her fortnightly savings by the number of fortnights in a year. \[ \text{Annual Savings} = \text{Savings per Fortnight} \times 26 \] *Continuing with the hypothetical example:* - **Savings per Fortnight:** £197.55 - **Annual Savings:** £197.55 × 26 = £5,141.30 *Use the actual savings amount once you have the correct expenses to find out how much Sue can save annually for her holidays.* --- **Summary:** - **Annual Income:** £15,536.30 - **Fortnightly Savings:** (Depends on actual expenses) - **Annual Savings for Holidays:** (Depends on fortnightly savings) If you provide the expense details from the table, I can help you calculate the exact savings amounts for parts (b) and (c).

Reviewed and approved by the UpStudy tutoring team

error msg
Explain
Simplify this solution

Mind Expander

To calculate Sue’s annual income, you would multiply her take-home pay of 597 L 55 per fortnight by the number of fortnights in a year, which is 26 (52 weeks divided by 2). So, 597 L 55 x 26 gives her annual income around 15,552 L 30. Isn’t it fascinating to see how our salaries stack up over time? For her savings per fortnight, if we assume a certain steady expense (let's say she has expenses amounting to 400 L per fortnight), then her savings would simply be 597 L 55 - 400 L = 197 L 55. This is like putting some money in a piggy bank every two weeks; it adds up quickly!

Try Premium now!
Try Premium and ask Thoth AI unlimited math questions now!
Maybe later Go Premium
Study can be a real struggle
Why not UpStudy it?
Select your plan below
Premium

You can enjoy

Start now
  • Step-by-step explanations
  • 24/7 expert live tutors
  • Unlimited number of questions
  • No interruptions
  • Full access to Answer and Solution
  • Full Access to PDF Chat, UpStudy Chat, Browsing Chat
Basic

Totally free but limited

  • Limited Solution
Welcome to UpStudy!
Please sign in to continue the Thoth AI Chat journey
Continue with Email
Or continue with
By clicking “Sign in”, you agree to our Terms of Use & Privacy Policy