Problema Solution

Anita Anderson owns bank CDs valued at $19,900, which is 12% of her total investments. What is the value of her total investments? Round to the nearest dollar

Answer provided by our tutors

let x = the total investment of Anita Anderson


0.12x = 19900 divide both sides by 0.12


x = 19900/0.12


x = $165,833


the value of her total investments is $165,833.