Question

1. jenna has a savings account invested in stocks and bonds. 20% of her savings is in bonds. if jenna has $2,200 in bonds, how much does she have in savings all together?

a $5,000
b $9,000
c $11,000
d $12,500

Explanation:

Step1: Define variable for total savings

Let \( x \) be the total amount of Jenna's savings.

Step2: Set up the equation

We know that 20% of her savings is in bonds, and the amount in bonds is $2,200. So we can write the equation: \( 0.20x = 2200 \)

Step3: Solve for \( x \)

To find \( x \), we divide both sides of the equation by 0.20: \( x=\frac{2200}{0.20} \)
Calculating the right - hand side, \( \frac{2200}{0.20}=11000 \)

Answer:

C. $11,000