SOLUTION: A couple decide to analyze their monthly spending habits. The monthly bills are 50% of their take home pay. They invest 20% of their take home pay. They spend $560 on groceries and
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Question 339656: A couple decide to analyze their monthly spending habits. The monthly bills are 50% of their take home pay. They invest 20% of their take home pay. They spend $560 on groceries and 23% goes to miscellanius. How much is their take home pay?
Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
560+.5X+.2X+.23X=X
.93X-X=-560
-.07X=-560
X=-560//.07
X=$8,000 IS THEIR MONTHLY TAKE HOME PAY.
PROOF:
560+.5*8,000+.2*8,000+.23*8,000=8,000
560+4,000+1,600+1,840=8,000
8,000=8,000
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