SOLUTION: The value of a professional basketball player's autograph rose 20% in the last year. It is now worth $264.00. What was it worth a year ago?

SOLUTION: The value of a professional basketball player's autograph rose 20% in the last year. It is now worth $264.00. What was it worth a year ago?

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Question 1132463: The value of a professional basketball player's autograph rose 20% in the last year. It is now worth $264.00. What was it worth a year ago?
Answer by ikleyn(52905) (Show Source): You can put this solution on YOUR website!
.

x + 0.2x = 264 dollars,


x*(1+0.2) = 264.


x*1.2 = 264.


x =  dollars.


Use your calculator.

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