Jason opened an account at MathsWatch Bank. MathsWatch Bank’s interest rate was 4%. After one year, the bank paid him interest. The total amount in his account was then £1976. Work out the amount with which Jason opened his account

1900

Step-by-step explanation:

let the deposit amount=x

interest=4%

total percent =100

after adding interest percentage=100+4=104%

X x 104/100=1976

x=1976 x 100/104=1900

arrange the equations with like terms in columns.

analyze the coefficients of x or y.

add the equations and solve for the remaining variable.

substitute the value into either equation and solve.

check the solution.

step-by-step explanation: