algebra

posted by .

Darians IRA has fallen 12.6% to 142,500.49. What was the value of her IRA at the beginning of the year?

  • algebra -

    So it is now 87.4% of what it was before.

    .874x = 142500.49
    x = 142500.49/.874 = 163 044.39

  • algebra -

    0.874x = 142,500.49

    Solve for x.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. mathematical modeling

    Person A opens an IRA at age 25, contributes $2000 per year for 10 years, but makes no additional contributes thereafter. Person B waits untill age 35 to open an IRA and contributes $2000 per year for 30 years. There is no initial …
  2. mathmodeling

    Person A opens an IRA at age 25, contributes $2000 per year for 10 years, but makes no additional contributions thereafter. Person B waits until age 35 to open an IRA and contributes $2000 per years for 30 years. There is no initial …
  3. math modeling

    Person A opens an IRA at age 25, contributes $2000 per year for 10 years, but makes no additional contributions thereafter. Person B waits until age 35 to open an IRA and contributes $2000 per years for 30 years. There is no initial …
  4. college

    Joan wants to start an IRA that will have $250,000 in it when she retires in 21 years. How much should she invest annually in her IRA to do this if the interest is 16% compounded quarterly?
  5. math

    Michael invested $1600 per half-year in an IRA each half-year for 9 years earning 9% compounded semi-annually. At the end of 9 years he ceased the IRA payments, but continued to invest his accumulated amount at 10% compounded yearly …
  6. Finance

    What advantages does a roth IRA have over the traditional IRA?
  7. Finance

    Explain the circumstances in which it make sense to convert a traditional IRA to a Roth IRA.
  8. math

    Ira built a model of the Great Pyramid in Egypt for a school project. The Great Pyramid has a square base with sides of length 756 feet. The height of the Great Pyramid is 481 feet. Ira made his model pyramid using a scale of 1 inch:10 …
  9. math

    Ira built a model of the Great Pyramid in Egypt for a school project. The Great Pyramid has a square base with sides of length 756 feet. The height of the Great Pyramid is 481 feet. Ira made his model pyramid using a scale of 1 inch:10 …
  10. Math

    Ira built a model of the great pyramid in Egypt for a school project. The great pyramid had a square base with sides of length 756feet the height of the great pyramid is 481 feet Ira made his model pyramid using a scale of 1 inch :20 …

More Similar Questions