SOLUTION: An amount is added to an account yearly, one third. $5000 is deducted from account for expenses at end of year. At the end of 3 years, after deducting final $5000, the account h

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Question 1175744: An amount is added to an account yearly, one third. $5000 is deducted from account for expenses at end of year. At the end of 3 years, after deducting final $5000, the account has twice original amt. Determine original amt.
$15000 total deducted.
Unsure how to solve.



Answer by greenestamps(13203) About Me  (Show Source):
You can put this solution on YOUR website!


proof read before you post....

I don't know what this is supposed to mean:

"An amount is added to an account yearly, one third."