SOLUTION: Enrique puts 12% of his monthly paycheck in an IRA. If he invests $72 in his IRA, how much was his paycheck?
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Question 57091: Enrique puts 12% of his monthly paycheck in an IRA. If he invests $72 in his IRA, how much was his paycheck?
Answer by funmath(2933) (Show Source): You can put this solution on YOUR website!
Enrique puts 12% of his monthly paycheck in an IRA. If he invests $72 in his IRA, how much was his paycheck?
Let Enrique's monthly check be: x
Then 12% of his monthly check:
The problem to solve is:
.12x=72
x=$600
Happy Calculating!!!
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