Question

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

Answer 1

Answer:

$7000 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.