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?

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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:

[tex]\frac{1}{12}\ of\ \$84,000.[/tex]

[tex]=\frac{1}{12} \times 84000[/tex]

[tex]=\frac{84000}{12}[/tex]

[tex]=\$7000.[/tex]

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

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