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Jobisdone [24]
3 years ago
13

An investment broker puts 1/12 of his paycheck into a retirement account every quarter? How much of his $84,000 salary is put in

to this account each quarter?
Mathematics
1 answer:
Deffense [45]3 years ago
3 0

Answer:

<u>$7000</u> of his salary is put into his account each quarter.

Step-by-step explanation:

Given:

An investment broker puts 1/12 of his paycheck into a retirement account every quarter.

His salary is $84,000.

Now, to find the amount of his salary put into his account each quarter.

So,to get the amount of his salary:

\frac{1}{12}\ of\ \$84,000.

=\frac{1}{12} \times 84000

=\frac{84000}{12}

=\$7000.

Therefore, $7000 of his salary is put into his account each quarter.

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