Mathematics, 21.02.2021 14:00 rainbowprincess200

Tim has a friend, John, across the world he wants to transfer 1000$ to. However, his bank charges a 0.3% fee on the value of every transfer. Tim wants John to receive 1000$ after the fees, which means that Tim needs to send more than 1000$ for him to cover the fees the bank charges. How much should Tim send so that John receives 1000$ in his account after fees?

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Tim has a friend, John, across the world he wants to transfer 1000$ to. However, his bank charges a...