Jessica won $800,000 in a state lottery. After paying $320,000 in taxes, she invested the remaining money in a savings account at 4.25% interest. How much interest will she receive from her investment each year?

Question

lilg132 · Answer

the amount she won - the amount payed in taxes = X

x / 100 = 1 percent of x

1 percent of x * the interest rate

or 

1 percent of x multiplied by the interest rate

or

1 percent of x(interest rate)

dont forget to click good answer

anonymous · Answer

wait i dont get what u wrote its confusing

lilg132 · Answer

ok what part do you not understand?

anonymous · Answer

like all of it basically like could u not use words like use numbers

lilg132 · Answer

ok i'll use the words but let you choose the numbers
because the numbers have already been given to you

lilg132 · Answer

how much was the amount she won?

anonymous · Answer

$800,000

lilg132 · Answer

ok good write these down so you dont get confused

lilg132 · Answer

how much did she pay in taxes?

anonymous · Answer

$320,000

lilg132 · Answer

great, now you have the values to work out the first line of my method

which was

the amount she won - the amount payed in taxes = X

lilg132 · Answer

whatever the answer is lets call it X

lilg132 · Answer

so work out the answer to that and remember thats what x equals

anonymous · Answer

ok so is that ur final answer when u subtract those two

anonymous · Answer

so like can u write the whole problem iin numbers ima make sure i got it wright

lilg132 · Answer

sorry got sidetracked so have you worked out the first line of my method using the numbers you have collected

lilg132 · Answer

just replace the bit where it says x with the answer you get for the first line