QuestionApril 14, 2026

Larry works after school evenings and weekends as an EMT. He earns 600 a month in take-home pay. He saves 20% of his pay towards a down payment on a car priced at 8,000 He has saved enough money for a 50% down payment. He plans to get a loan for the balance. How much money does Larry save per month? 120 160 300 320

Larry works after school evenings and weekends as an EMT. He earns 600 a month in take-home pay. He saves 20% of his pay towards a down payment on a car priced at 8,000 He has saved enough money for a 50% down payment. He plans to get a loan for the balance. How much money does Larry save per month? 120 160 300 320
Larry works after school evenings and weekends as an EMT. He earns 600 a month in
take-home pay. He saves 20%  of his pay towards a down payment on a car priced at
 8,000 He has saved enough money for a 50%  down payment. He plans to get a loan
for the balance.
How much money does Larry save per month?
 120
 160
 300
 320

Solution
4.5(128 votes)

Answer

120 Explanation 1. Calculate monthly savings Monthly savings = 20\% of 600: 0.20 \times 600 = 120

Explanation

1. Calculate monthly savings <br /> Monthly savings = $20\%$ of $600$: $0.20 \times 600 = 120$
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