You earn $30K at your job, and put 20% aside each month into a retirement fund. Your company is super cool and matches your contributions. For every dollar you put into
your IRA, your employer also puts in a dollar.
How much will you have contributed to your retirement account by the end of the year?

$12,000

Step-by-step explanation:

20% as a decimal is 0.20

30,000 x 0.20 = 6,000

If the employer matches that, the amount deposited is double.

6,000 x 2 = 12,000

That is probably the answer they want. Technically the question asks way *you* will have contributed, which is $6,000, but I don’t think they’re trying to make this a trick question. I would go with 12k

6: 07 is your answer

step-by-step explanation:

this is a direct variation proportion. y = kx

y is the total amount due, k is the constant of variation, and x is the number of texts sent.

plug in the 3.20 and the 16 to solve for the "k". this is the constant of proportionality. it is the value that will not change.

3.20 = k(16). solving you get $.20 per text.

the equation would then be y = .20x