SOLUTION: A person who had inherited some money spent 3/8 of it the first year and 4/8 of the remainder the next year and had $1420 left. What was the inheritance?

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Question 1055500: A person who had inherited some money spent 3/8 of it the first year and 4/8 of the remainder the next year and had $1420 left. What was the inheritance?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+3%2F8+%2B+4%2F8+=+7%2F8+ of the money was spent
There is +1+-+7%2F8+=+1%2F8+ of the money left
Let +x+ = the original inheritance
+%281%2F8%29%2Ax+=+1420+
+x+=+11360+
$11,360 was the inheritance