Question
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
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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!