Solve the problem.
-Betina Gregory owns municipal bonds valued at $7,900, which is 6% of her total investments. What is the value of her total investments? Round to the nearest dollar.

Question

Quizplus · Accepted Answer

We can use the equation:
0.06x = 7,900
Where x is the value of her total investments.
Solving for x, we get:
x = 7,900/0.06 = 131,666.67
Rounding to the nearest dollar, the value of her total investments is $131,667. Therefore, the answer is choice C. Let x be the value of Betina Gregory's total investments. 
According to the problem, 6% of x is equal to $7,900. 
Therefore, we can write the equation: 
0.06x = 7,900 
Solving for x, we get: 
x = 7,900/0.06 = $131,666.67 
Rounding to the nearest dollar, the value of her total investments is $131,667. 
Therefore, the correct choice is C.

Solve the Problem. -Betina Gregory Owns Municipal Bonds Valued at $7,900, Which Is