Answer:
71829x
Step-by-step explanation:
We assume that we are asked of the monthly contribution made by Melanie to a ROTH IRA. The give data are below:
Period = 34 years * 12 months = 408 months
Total contributions = $3,750
Solving for the monthly contribution, we have the solution below:
Monthly Contribution = Total contribution / period
Monthly contribution = $3750 / 408
Monthly contribution = $9.2
The answer is $9.2 monthly contribution.
Answer:
Let's just call the number x. 3/8ths of x and 1 more equals 11.
As an equation, this basically means
Y=13
(when you have fractions like the one in this problem, you get rid of them by multiplying both sides by the denominator.)
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