1. Michael has designated 5% of his paychecks for the year for presents (birthday, Mother’s Day, etc.). Write a solution to calculate the amount of money he can spend given the amount of money he...

1. Michael has designated 5% of his paychecks for the year for presents (birthday, Mother’s Day, etc.). Write a solution to calculate the amount of money he can spend given the amount of money he earns.

2. What is meant by solution development? Why is it important?