The balance of Juans savings account quadrupled during the year. At the end of the year, Juan
Question:
The balance of Juan’s savings account quadrupled during the year. At the end of the year, Juan withdrew $300, and the resulting balance was $400. What was the balance in the account before it quadrupled?
A. $100
B. $175
C. $300
D. $350
E. $700
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
The correct answer is B When Juan withdrew 300 the resulting ba...View the full answer
Answered By
Sarah Khan
My core expertise are:
-_ Finance
-_ Business
-_ Management
-_ Marketing Management
-_ Financial Management
-_ Corporate Finance
-_ HRM etc...
I have 7+ years of experience as an online tutor. I have hands-on experience in handling:
-_ Academic Papers
-_ Research Paper
-_ Dissertation Paper
-_ Case study analysis
-_ Research Proposals
-_ Business Plan
-_ Complexed financial calculations in excel
-_ Home Work Assistance
-_ PPT
-_ Thesis Paper
-_ Capstone Papers
-_ Essay Writing etc...
5.00+
91+ Reviews
92+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
The scenario: Croton City started its calendar year 2013 with the following General Fund balances (all numbers are in thousands of dollars). Croton has adopted the following budgetary and accounting...
-
Clark had brain surgery. Insurance will not pay for the surgery until the deductible of $1,000 is hit. Then Clark's coinsurance of 80% / 20% kicks in. Clark has an out-of-pocket maximum of $7,500....
-
When is it acceptable to use the straight-line method to amortize a bond discount or premium?
-
A water sprinkler sprays water over a distance of 30 feet while rotating through an angle of 135. What area of lawn receives water? 135 30 ft
-
What do you know about the mathematical value of a project's internal rate of return under each of the following conditions? a. The present worth of the project is greater than 0 . b. The present...
-
Missy Mansion opened a public relations firm called Solid Gold on August 1, 2016. The following amounts summarize her business on August 31, 2016: During September 2016, the business completed the...
-
Transform the E-R model of project2 into a relational model. TransactionNo Date Hired Education Employee Address NumberOfItems Email 100 MemberD Name Transaction D Member TypeName Member Classify...
-
Assume that the statements in the box below are true. All students who attend Tarrytown High School have a student ID. Amelia does not attend Tarrytown High School. Carrie has a student ID. Traci has...
-
For what value of a is the equation 3(a + 5) a = 23 true? F. 9 G. 8 H. 5 J. 4 K. 2
-
Half the charge is removed from a capacitor without changing its capacitance. What fraction of its stored energy is removed along with the charge?
-
Suppose that people did not believe that the Fed was serious about stopping inflation in 1979, 1980, and 1981. Can you then reconcile the 1981-1982 recession with the Phillips curve and the rational...
-
Explain the known and unknown factors for Risk mitigation. Give examples of the known unknowns and unknown unknowns. List at least five differences between the known and unknown risks involved in the...
-
Could you elucidate the concept of socialization and delineate the intricate process through which individuals undergo personal development within the framework of societal influence and interaction?
-
What trends do you see about businesses and social responsibility? What do you believe are driving these changes? Explain
-
The bond capacity (Face Value) is $100,000 The bond is issued for 5 years Regardless of when the contractor reneges on the successful completion of the job, the draw down on the bind only takes place...
-
Refer to the Evolutionary Ecology Research (July 2003) study of the patterns of extinction in the New Zealand bird population, presented in Exercise 2.20 (p. 37). Consider the data on the egg length...
-
Transform the while loop from the previous exercise into an equivalent for loop (make sure it produces the same output).
-
Frito-Lay, the massive Dallas, Texas-based subsidiary of PepsiCo, has 38 plants and 48 000 employees in North America. Seven of Frito-Lay's 41 brands exceed $1 billion in sales: Fritos, Lay's...
-
National Air Express National Air Express is a competitive air-express firm with offices around the country. Mohammed Chaudry, the Ottawa station manager, is preparing his quarterly budget report,...
-
When is interest generally deductible for cash method taxpayers? Explain if the general rule applies to prepaid interest, interest paid with loan proceeds, discounted notes, and personal interest. If...
-
Under the deferral method, how is restricted investment income recorded in the financial statements?
-
Bob has an old laptop with no bluetooth he is wondering if he can change the Mini PCIe expansion card to one with bluetooth. Bob laptop is a Toshiba Satellite L755-s5169 laptop. Is what Bob...
-
Standard Activity cost pool Exp. use of CD per product x Activity-Based OH rates = Cost assigned Machining 1,500 x $74 = 111,000 Setting up machines 100 x $200 = 20,000 Total cost assigned 111,00...
Study smarter with the SolutionInn App