Answer:
Robin's gross pay=$50,400
Step-by-step explanation:
We are given that Robin has 15% of his gross pay directly into his mutual fund account each month.
If Robin deposited each month =$630
We have to find the gross pay
Let Robin's gross pay =x
15 % of gross pay= 15% of x=[tex]\frac{15}{100}\times x=\frac{15}{100}x[/tex]
We know that 12 month in a year
[tex] \frac{15}{100}x=630\times 12[/tex]
[tex] 15x=630\times 100\times 12[/tex]
Using multiplication property of equality
[tex] x=\frac{756000}{15}[/tex]
Using division property of equality
[tex]x=50400[/tex]
Hence, Robin's gross pay=$50,400
