SOLUTION: You received some inheritance from your great grandparents. You invested the money for 4 years at a 6% rate. If you received $2,160 in interest, how much was the inheritance?

Algebra.Com
Question 1136204: You received some inheritance from your great grandparents. You invested the money for 4 years at a 6% rate. If you received $2,160 in interest, how much was the inheritance?
Answer by ikleyn(52776)   (Show Source): You can put this solution on YOUR website!
.

2160 = 4*0.06*x


x =  = 9000  dollars.   ANSWER


RELATED QUESTIONS

7.John and Janet each received an inheritance from their families. John invested his... (answered by Boreal)
If your grandparents deposited $5000 in a certificate on the day you were born at a rate... (answered by stanbon)
Suppose you recieve an inheritance of 5000 and invest it at 5% interest, compounded... (answered by rfer)
Suppose you have $2150 in your savings account at the end of a certain period of time.... (answered by ikleyn)
Scott and Laura have both invested some money. Scott invested $3,000 more than Laura and... (answered by stanbon)
This problem is for a project we were given: Jeremy inherits $200,000 and invests... (answered by rajagopalan,checkley77,Earlsdon)
Hello, I am needing help on this money/percentage problem....I dont know where to start... (answered by Earlsdon)
Hello, I am in Algebra 100 at American River College. My instructor gave the class... (answered by checkley77)
You receive a $165,000 inheritance from your parents and invest it in a savings plan... (answered by Theo)