Answer: $11,000
Step-by-step 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
Answer: $11,000.
Step-by-step 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.
