Question

Jenna has a savings account invested in stocks and bonds. 20% of her savings is in bonds. If Jenna has $2,200 in bonds, how much does she have in savings all together? I got the right answer guys it is 11,000

Answer 1

Answer: $11,000.

Explanation:

The total savings (x) multiplied by the percentage in bonds (20%) must be equal to $2,200.

x (20/100) = 2,200

Solving to get x now:

x = 2,200/ 0.2

x = $11,000

Her total savings are equal to $11,000.

Answer 2

Answer: $11,000

Explanation:

Hi, to answer this question we have to write an equation:

The total savings that Jenna has ( x) multiplied by the percentage of her savings that are in bonds, in decimal form (20/100), must be equal to the amount of savings in bonds (2,200)

Mathematically speaking:

x (20/100) =2200

Solving for x:

x (0.2)= 2,200

x = 2,200/ 0.2

x = $11,000