If Charlie earned 4% on his savings acct. His earnings for one
year were $200. How much money did he have in the savings
account?
2006-10-05 12:20:33 · 7 answers · asked by adamoca@sbcglobal.net 1 in Education & Reference ➔ Homework Help
write out an equation:
4% of $X = $200
X = 200/4%
X = $5,000
check:
$5,000 * 4% = $200 = earnings!
2006-10-05 12:24:27 · answer #1 · answered by sasmallworld 6 · 1⤊ 0⤋
$192
2006-10-05 19:23:25 · answer #2 · answered by Anonymous · 0⤊ 1⤋
$5000
200 is 4% of x
so Is over of = % over 100
cross-multiply
200 * 100 = 20000
20000/4 = 5000
2006-10-05 19:24:15 · answer #3 · answered by joeiacovino 2 · 0⤊ 0⤋
uhhh 208
2006-10-05 19:23:12 · answer #4 · answered by a-non flip 2 · 0⤊ 1⤋
$5000.00
n= 1 year
r = 4.5 %
pv=5000
fv=5200
2006-10-05 19:26:29 · answer #5 · answered by xtcwmeg 3 · 0⤊ 0⤋
$5000.00 EAsy points baby!
2006-10-05 19:27:57 · answer #6 · answered by just me000 4 · 0⤊ 0⤋
easy... do .04 times 200...
2006-10-05 19:22:11 · answer #7 · answered by Anonymous · 0⤊ 1⤋