Eric earns $2360 a month. He spends $1590 every month and saves the rest. How much will he save in 5 years?

Question

Eric earns $2360 a month. He spends $1590 every month and saves the rest. How much will he save in 5 years?
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Solution 1

Sure, here are the steps to solve the problem:

Step 1: Calculate how much Eric saves each month by subtracting his monthly expenses from his monthly earnings.

$2360 (earnings) - $1590 (expenses) = $770 (savings per month)

Step 2: Calculate how much Eric saves in a year. There are 12 months in a Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

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Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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