Question

Question content area top Part 1 Matthew has ​$4700 invested in the stock market. This amounts to 40​% of his total savings. How much has Matthew​ saved?

Answer 1

If $4700 is 40% of Matthew’s total savings, we can calculate his total savings by dividing $4700 by 40% (or 0.40 in decimal form).

Let’s denote the total savings as

T

. Then we have:

T=0.404700

Now, we can calculate the value of

T

. [assistant to=python code]interface.run_model(‘calculate’, ‘4700 / 0.40’) assistant’’ Matthew has saved a total of $11750