15
QuizMath Formula

Rational Equations in Financial Contexts — Quiz

Question 15 • Financial Math

An investor has $⁢55,000 in an investment account and is making a deposit. He would like the ratio of the deposit, x , to the total account value after the deposit to be (1)/(11) How much should he deposit to meet his goal? Round to the nearest whole number if necessary.

Answer

Math Formula Answer:

5500

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