Final answer:
To find Jerry's monthly gross pay, divide his annual gross pay of $78,000 by 12. His monthly gross pay in 1990 was $6,500.
Step-by-step explanation:
To calculate Jerry's monthly gross pay from his annual gross pay in 1990, we divide the total annual gross pay by the number of months in a year. Jerry's annual gross pay was $78,000.
Here is the step-by-step calculation:
- Determine the total annual gross pay: $78,000
- Divide this by the number of months in a year (which is 12): $78,000 ÷ 12 months
- Perform the division to find the monthly gross pay: $6,500 per month
Therefore, Jerry's monthly gross pay in 1990 was $6,500.