SOLUTION: Julia deposits 20% if her paycheck in her savings account. Then she deposits 60% of the remaining money in her checking account. She deposits $108.24 in her checking account. How m

Algebra ->  Equations -> SOLUTION: Julia deposits 20% if her paycheck in her savings account. Then she deposits 60% of the remaining money in her checking account. She deposits $108.24 in her checking account. How m      Log On


   



Question 360528: Julia deposits 20% if her paycheck in her savings account. Then she deposits 60% of the remaining money in her checking account. She deposits $108.24 in her checking account. How much money did she deposit in her savings account.
Answer by JBarnum(2146) About Me  (Show Source):
You can put this solution on YOUR website!
let x equal the paycheck amount
20%=.2
so .2x= amount of money going toward savings
x=100% so if u take 20% away you will have 80% left or .8
so .8x=remaing amount of paycheck
now 60% or .6 of remaining money means .6(.8x)=.48x
if she deposited that 60% and she says that total is 108.24 then:
.48x=108.24
solve for x by dividing by .48
highlight%28x=225.50%29