SOLUTION: bob investment in stock grew 12% to 504. how much did he invest

Algebra.Com
Question 582114: bob investment in stock grew 12% to 504. how much did he invest
Answer by jim_thompson5910(35256)   (Show Source): You can put this solution on YOUR website!
x + 0.12x = 504

1.12x = 504

x = 504/1.12

x = 450


So Bob initially invested $450.
RELATED QUESTIONS

SARAH'S INVESTMENT IN STOCK GREW 26% TO $504. HOW MUCH DID SHE... (answered by rfer)
Sarah's investment in Jet Blue Stock grew 28 % to $448.00 How much did she originally... (answered by unlockmath)
Sarah's investment in stock grew 24% to $496. How much did she... (answered by josmiceli)
Sarah's investment in America online stock grew 28% to $448. How much did se... (answered by Earlsdon)
Sarah's investment in stock grew 22% to $488. How much did she... (answered by ewatrrr)
Sarah's investment in stock grew 16% to $522. How much did she invest? (answered by jim_thompson5910)
Stock prices. Sarah’s investment in Jet Blue stock grew 28% to $448. How much did she... (answered by rfer)
Can you please tell me how to solve this problem? Sarah's investment in stock grew 14% (answered by robertb)
Bob earned 420 on his investment in bonds and stocks. If his bonds return 2% and his... (answered by mananth)