SOLUTION: Your assistance please. Here is the question: Enrique puts 12% of his monthly paycheck in an IRA. If he invests $72 in his IRA, how much was his paycheck?
Question 25862: Your assistance please. Here is the question: Enrique puts 12% of his monthly paycheck in an IRA. If he invests $72 in his IRA, how much was his paycheck?
You can put this solution on YOUR website! Let amount of his paycheck be "x".
The 12%(x)=72
0.12x=72
x=72/0.12
x=$600 (amount of his paycheck)
Cheers,
Stan H.