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nydimaria [60]
2 years ago
8

Gary Miller receives $850 per month from Social Security and his wife, Barbara, receives 55 percent of the amount Gary does. If

Gary and Barbara have a retirement income of $2,000 per month, how much must Gary receive from his father's trust?
Business
2 answers:
Alex17521 [72]2 years ago
7 0

Answer:$682.50

Explanation:$850 Gary's social security + ($850 X 55%) Barbara's social security + x unknown amount= $2,0000

$850 + ($850 x 0.55) + x = $2000                 To make the problem easier convert 55% to 0.55

$850 + $ 467.50 + x = $20000                      First, do the math in the parenthesis  

$1317.50 + x = $2000      

$1317.50 - $1317.50 + x =$2000 - $1317.50  To get x alone, you subtract $1317.50 from each side

x= $ 682.50  

Therefore Gary gets $682.50 from his father's trust.  

You can check the answer by subbing $682.50 for x

EX. $850 + $ 467.50 + $682.50 = $20000

Vaselesa [24]2 years ago
6 0

Answer:

how much must Gary receive from his father's trust?

682,5

Explanation:

$850 Gary's social security + ($850 X 55%) Barbara's social security + x father trust= $2,000      

     

850 + ($850 x 0.55) + x = $2000      

850 + 467.50 + x = $2000      

1317.50 + x = 2000      

x=682,50      

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