Question

Tyler's mom purchased a savings bond for Tyler. The value of the savings bond increases by 5% each year. One year after it was purchased, the value of the savings bond was $131.25. Find the value of the bond when Tyler's mom purchased it. The value of the bond when his mom purchased it was? Enter only the numeric value, no symbols or spaces. $

.

Answer 1

125

Explanation:

131.25 105

of 100

Cross multiply process

131.25x100=108x?

131.25x100=13125

13125=108?

13125/108=?

125=?

:)