The balance in Will's Mastercard account grew 2%, to $870 dollars, in one month. What was his balance at the beginning at the month?

Question

 The balance in Will's Master card account grew 2%, to $870 dollars, in one month. What was his balance at the beginning at the month?

Answer 1

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Answer 2

Answer: the balance was 856.60 at the beginning of the month.

 

How?

So, it grew 2% in one month.

Figure out how much that is.

To do this: 870x.02=17.40

So, it grew 17.40 in a month's time.

Subtract that from the ending balance of that month, which was 870.00 and you get 856.60

 

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