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20 October, 06:51

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?

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  1. 20 October, 06:54
    0
    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
  2. 20 October, 06:57
    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
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