Problema Solution
. Richard spent 21.2% of his savings account during the summer and now has $6,030.72 remaining in the account. What was the amount in his savings account at the beginning of the summer? Please show all work.
Answer provided by our tutors
let the initial amount be x
21.2% of x is spent
remaining amount = x - 21.2%of x
therefore,
x - 0.212x=6030.72
x=7653.197
or x = $7653.2