SOLUTION: Any help would be appreciated. I keep getting the same answer which is incorrect. Charmaine is going to invest to help with a down payment on a home. How much would she have to

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Any help would be appreciated. I keep getting the same answer which is incorrect. Charmaine is going to invest to help with a down payment on a home. How much would she have to      Log On

The basic equation to start is


    49600 = ,


where X is your unknown amount to invest.


You simplify this equation to this form


    49600 = X*1.141917


and then get  your answer


    X =  = 43435.73 dollars.