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 15682: Enrique puts 12% of his monthly paycheck in an IRA. If he invests $72 in his IRA, how much was his paycheck?
Answer by rapaljer(4671) (Show Source): You can put this solution on YOUR website!
Let x = amount of monthly paycheck
12% of Paycheck = IRA deposit
.12x = 72
Divide both sides by .12:
x= $600
R^2 at SCC
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