Answer:
$7000 of his salary is put into this 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 how much is put into this account each quarter.
As given salary = $84,000.
So, amount to put into this account every quarter =
[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 this account each quarter.
