C) your parents have been advised to save 5% of their income for your college education
which would include money for housing, tuition, books and fees. how much would your parents
have saved in one year, following the recommended 5%, if they had an average household
income of $48,948? show your work.

Your parents will have saved $2447.40 in a year.

Step-by-step explanation:

Your parents have been advised to save 5% of their income for your college education.

Their annual income is = $48948

So, 5% of this will be = dollars

Hence, your parents will have saved $2447.40 in a year.

6.9

step-by-step explanation:

simple math really

6 1/2 times 0.6 = 3.9

but if you are just doing 6 and not 6 1/2 then the answer is 3.6