What will your balance be on an investment of $7000 at 4% for 2 years compounded annually.
1 answer:
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Answer:
A dress originally costs $120
Step-by-step explanation:
To find the original cost of the dress, we will follow the steps below;
let x represent the original cost of the dress
75% of x = $90
× x = $90
= $90
MULTIPLY both-side of the equation by 100
× 100 = $90×100
At the right-hand side of the equation, 100 will cancel out 100, leaving us with just 75x
75x = $9000
DIVIDE both-side of the equation by 75
75x/75 = $9000/75
At the left-hand side of the equation 75 will cancel-out 75 leaving us with just x
x= $9000/75
x = $120
A dress originally costs $120
Distributive Property ( A number, n, is multiplied to the expression in parentheses)
