I am not good with percentages.
At the end of a year, a bank account balance is $1319.17. The account had earned 6% simple interest during the year, and there had been no deposits or withdrawals. What was the balance at the beginning of the year?

Question

I am not good with percentages.
At the end of a year, a bank account balance is $1319.17. The account had earned 6% simple interest during the year, and there had been no deposits or withdrawals. What was the balance at the beginning of the year?

anonymous · Answer

im stuck sorry try calling random people

anonymous · Answer

1244.5

anonymous · Answer

here's the equation to solve it: x+ .06x= 1319.17.

anonymous · Answer

ok thanks

anonymous · Answer

yep

anonymous · Answer

glad to help :)

saifoo.khan · Answer

@juliajb : Please don't post direct answers on the site. We except helpers to help the users step by step and encourage askers to try the questions as well. Please read http://openstudy.com/code-of-conduct for more info. Thanks a lot for your cooperation. Happy Openstudying!

anonymous · Answer

she did that and then helped me so you shouldn't be telling her that @saifoo.khan

saifoo.khan · Answer

I'm not being rude. I'm telling her politely. 
@chevygirl

anonymous · Answer

But did I say you were being rude? NO