Tyler's mom purchased a saving bond for tyler. the value of the saving bond increased by 4% each year. one year after it was purchased the value of the saving bound was $156. write and equation to represent this situation

1.04X = $156, where X represents the value of the Saving Bond

Step-by-step explanation:

Okay, First step is to decide on a letter to represent the value of the Saving Bond, which in this case is chosen as X.

Second step is to understand the value of the increase of the saving bond in a year (in relation to X), this can be done by multiplying the value of the saving bond (which is X), the number of years (which is one year) and the interest rate (which is 4%), this gives;

X*1*4/100 = 0.04X

The third step is to sum up the initial saving bond value (which is X) and the increase in the saving bond in one year (which we found in step 2) and equate to $156, this gives;

X + 0.04X = $156

this adds up to 1.04X = $156

150

Step-by-step explanation:

4% as a decimal is .04%

.04% + 100% =1.04

156 divided by 1.04 is 150

and that is how I got my answer! :)

i think there was a typo. you wrote pat brings 3 quarts of ice-cream to the party. each serving of ice-cream is 1 6 quart. how many total servings of ice-cream does pat bring to the party? i think the bold is supposed to be 1/6. so 1 quart of ice cream = 6 servings. 6 * 3 = 18.