SOLUTION: bob investment in stock grew 12% to 504. how much did he invest

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Question 582114: bob investment in stock grew 12% to 504. how much did he invest
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
x + 0.12x = 504

1.12x = 504

x = 504/1.12

x = 450


So Bob initially invested $450.