Michael has designated 5% of his paychecks for the year for presents (birthday, Monther's day, etc.) Write a solution to calculate the amount of money he can spread give the amount of money he earns.

Answer 1

If I understand correctly the money he can spread is meant to be the money he can spend? so all you have to do is take 5% of the money he earned. so .05*x = y

where x is total money earned and y is money able to spend