SOLUTION: balance in bank account of a person is 82875 after the deduction at the rate of 2.5 per annum.Find his balance before the deduction

SOLUTION: balance in bank account of a person is 82875 after the deduction at the rate of 2.5 per annum.Find his balance before the deduction

Algebra.Com

Question 696601: balance in bank account of a person is 82875 after the deduction at the rate of 2.5 per annum.Find his balance before the deduction
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
82875/0.975=$85,000
RELATED QUESTIONS
Find the balance of the account after; 2 years if K3000 is invested at 8% per... (answered by Alan3354)

Find the balance of the account after; 2 years if K3000 is invested at 8% per... (answered by Theo)

Sam put $2,000 in a savings account at his bank. After 10 years, his account balance was... (answered by richwmiller)

You have deposited 13,500 dollars in a bank account which yields interest at 5% per... (answered by rfer)

If $100 dollars is deposited in a savings account that pays interest at a rate of 12.5%... (answered by Kbear,MathTherapy)

Interest of $840 was earned in 7 months on a balance of $9000. What is the simple... (answered by rfer)

If $2000 is invested at a rate of &%compounded continuously, find the balance in the... (answered by solver91311)

If $6000 is invested at an interest rate of 5% compounded continously determine the... (answered by Fombitz)

Lisa opens a savings account with $1,950. The bank pays 5% compounded semiannually. After (answered by Theo)