Solve the application using the percent equation. Answer with a complete sentence.Matthew has $1600 invested in the stock market. This amounts to 40% of his total savings. How much has Matthew saved?

A. Matthew has saved $40,000.
B. Matthew has saved $4000.
C. Matthew has saved $4010.
D. Matthew has saved $4100.


Answer: B

Mathematics

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A. ?
B. ?
C. ?
D. ?
E. ?

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