SOLUTION: Heather invested in a savers bank account.
Each year the money in the account earns 10% interest.
After one year, the total amount of money in the account was $2200
How much di
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-> SOLUTION: Heather invested in a savers bank account.
Each year the money in the account earns 10% interest.
After one year, the total amount of money in the account was $2200
How much di
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Question 1153726: Heather invested in a savers bank account.
Each year the money in the account earns 10% interest.
After one year, the total amount of money in the account was $2200
How much did Heather invest? Answer by ikleyn(52798) (Show Source):
Let x be the amount he invested (the value under the question).
Then, according to the condition,
x + 0.1x = 2200, or
x*(1 + 0.1) = 2200,
1.1x = 2200
x = = 2000.
Answer. Heather invested $2000.
