Question

Darians IRA has fallen 12.6% to 142,500.49. What was the value of her IRA at the beginning of the year?

Answer 1

So it is now 87.4% of what it was before.

.874x = 142500.49
x = 142500.49/.874 = 163 044.39

Answer 2

0.874x = 142,500.49

Solve for x.