SOLUTION: paul has 7.5% of her earnings deposited into her retirement plan . if $360 per month is deposited in the plan , find her monthly and yearly earnings?

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Question 1031651: paul has 7.5% of her earnings deposited into her retirement plan . if $360 per month is deposited in the plan , find her monthly and yearly earnings?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +m+ = her monthly earnings
+.075m+=+360+
+m+=+4800+
+12m+=+12%2A4800+
+12m+=+57600+
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Her monthly earnings are: $4,800
Her yearly earnings are: $57,600