document.write( "Question 645813: Marc's retirement fund is worth 4% less now than last year. If his retirement fund is now worth 4800 dollars, how much was it worth last year? \n" ); document.write( "

Algebra.Com's Answer #405627 by josmiceli(19441) $\"\"$ $\"About$

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Let $\"+x\"$ = amount of fund last year
\n" ); document.write( " $\"+x++-+.04x+=+4800+\"$
\n" ); document.write( " $\"+.96x+=+4800+\"$
\n" ); document.write( " $\"+x+=+4800+%2F+.96+\"$
\n" ); document.write( " $\"+x+=+5000+\"$
\n" ); document.write( "It was worth $5,000
\n" ); document.write( " \n" ); document.write( "

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