Ask Question
7 November, 00:30

Jason opened an account at MathsWatch Bank. MathsWatch Bank's interest rate was 4%. After one year, the bank paid him interest. The total amount in his account was then £1976. Work out the amount with which Jason opened his account

+2
Answers (1)
  1. 7 November, 01:10
    0
    1900

    Step-by-step explanation:

    let the deposit amount=x

    interest=4%

    total percent = 100

    after adding interest percentage=100+4=104%

    X x 104/100=1976

    x=1976 x 100/104=1900
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Jason opened an account at MathsWatch Bank. MathsWatch Bank's interest rate was 4%. After one year, the bank paid him interest. The total ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers