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Atwi. Agyeiwar. geneke Gideon. Athe wok 1. Afi contributes \( 4 \% \) of her monttly sclany an insurance company against hes retirement. If Afis monthly Salary is Gltat 820.00 find her monttily insurance contribution.

Ask by Erickson Hilton. in Ghana
Jan 21,2025

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Afi's monthly insurance contribution is Gltat 32.80.

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Beyond the Answer

Afi’s monthly salary is GHS 820.00. To find her monthly insurance contribution, you simply calculate \( 4\% \) of GHS 820.00. So, you multiply \( 820.00 \) by \( 0.04 \). That gives you GHS 32.80. Afi contributes GHS 32.80 monthly towards her retirement insurance. Now, don’t forget to keep a tab on those contributions! Many people forget they even have these plans set up and lose track of how much they’re saving. Those small amounts can really add up over the years, so being mindful about it can help Afi enjoy a comfortable retirement!

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