1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nuetrik [128]
3 years ago
14

Linda spent 3/4 of her savings on furniture. She then spent 1/2 of her remaining savings on a fridge. If the fridge cost her $15

0, what were her original savings?
Business
1 answer:
romanna [79]3 years ago
6 0

Answer: $1,200.

Explanation:

Given that,

Linda spent 3/4 of her savings on furniture and spent 1/2 of her remaining savings on a fridge.

Fridge cost = $150

Let Original savings be x

Amount spent on furniture = \frac{3}{4} x

Amount spent on furniture = \frac{1}{2} (x - \frac{3}{4}x)

                                      150 = \frac{4x - 3x}{8}

                                          x = $1,200

Therefore, Linda's original savings is $1,200.

You might be interested in
Refer to Table 8-16. Given the information above, what can we say has happened in the economy from 2019 to 2020
Airida [17]

We can say the price level has risen in the economy from 2019 to 2020.

In the U.S., growth is expected to slow to 2% in 2020 from 2.3% in 2019 and fall further to 1.7% in 2021 (2020 growth compared to October WEO 0.1 percentage point decrease).

Real GDP fell by 3.5% in 2020 (from the 2019 annual level to the 2020 annual level) compared to a 2.2% increase in 2019 (Table 1).

The outbreak led to a sharp contraction in the economy in March 2020, resulting in real GDP contracting by 5.1% annualized in the first quarter and 31.2% in the second quarter.

Learn more about the economy at

brainly.com/question/1106682

#SPJ4

8 0
2 years ago
Speculative investments are high-risk investments with the possibility of high returns in a short period of time.
bixtya [17]
<span> <span>True. Risk in investment can be defined as the possibility that the investor may lose a big portion or all of the initial investment or make very high returns in a short period. Risk which is often likened to volatility dictates that the higher the volatility the higher the chances of returns. Speculative investments such as leveraged ETFs(commodities such as gold, oil, silver), options, venture capital trusts are considered high risk and often so offer handsome returns or cost the investor all or even more of their initial capital. It is however important to note that high risk does not automatically translate into high returns. The intrinsic value of the investment vehicle among other factors need to be considered in depth to determine if the investment is worth the risk</span></span>
8 0
3 years ago
Read 2 more answers
How to make money to live comfortably
inn [45]
Score well in high school and college, volunteer and take leadership roles, these aspects will help you get into a good college and get a good job.
6 0
3 years ago
Read 2 more answers
. Which of the following typically have the highest fees?
Usimov [2.4K]
The answer is Payday Lender.
Predatory lending is any lending practice that imposes unfair or abusive loan terms on a borrower. it's also any exercise that convinces a borrower to simply accept unfair phrases through misleading, coercive, exploitative or unscrupulous moves for a mortgage that a borrower would not want, does not want or can not have the funds for.
7 0
3 years ago
What percentage of millionaires started with<br>nothing?​
worty [1.4K]

Answer:

20%

Explanation:

3 0
3 years ago
Read 2 more answers
Other questions:
  • The bringing of charges against an individual, based on probable cause, so as to cause the matter to go to court is known as
    15·1 answer
  • Janice is working on her personal budget. She plans her investments wisely, but still worries about the risks involved with her
    11·2 answers
  • Economics is different from other social sciences because it gives special emphasis to the study of ______; it is similar to oth
    5·2 answers
  • When an incident becomes so large that they ICs span of control is too broad, the IC:
    14·1 answer
  • The discount rate is the interest rate the Fed charges on loans of reserves to banks. The federal funds rate is the interest rat
    12·1 answer
  • A corporation uses the perpetual inventory system. On May 1, it sells merchandise on account for $10,000 with terms 2/10, n/30 t
    5·1 answer
  • Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 4 pounds
    8·1 answer
  • Brinkley Corporation needs to estimate the profit for a new product. Profit is selling price minus cost. The selling price for t
    8·1 answer
  • True or False? Starting a new business means you have to reinvent the wheel.<br> True<br> False
    6·2 answers
  • What are the essential elements for a commodity to be rich in economics.​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!