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Paul has 15% of his gross pay directly deposited into a mutual fund account each month. If $630 is deposited each month, what is his monthly gross pay?
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4 votes
Paul has 15% of his gross pay directly deposited into a mutual fund account each month. If $630 is deposited each month, what is his monthly gross pay?

User Nyisha
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1 Answer

4 votes
15% of gross = 630

0.15 G = 630

Divide each side by 0.15 :

G = 630/0.15 = $4,200
User Kyle Lahnakoski
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8.2k points
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