SOLUTION: After interest had been added at 8%, the young boy had �162 in his bank account. How much did he have to start with?

SOLUTION: After interest had been added at 8%, the young boy had �162 in his bank account. How much did he have to start with?

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Question 847530: After interest had been added at 8%, the young boy had �162 in his bank account. How much did he have to start with?
Answer by swincher4391(1107) (Show Source): You can put this solution on YOUR website!
x*(1.08) = 162
x = 162/1.08 = 150
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