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!!!