shauntefowler
Answered

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Last year, Manual opened an investment account with $5400. At the end of the year, the amount in the account had increased by 28.5%. How much is this increase in dollars? How much money was in his account at the end of last year?​

Sagot :

TcScott17
See below hope it helps

Answer:

Increase in dollars = $1,539

Balance in the account at the end of the year = $6,939

Step by step explanation:

5400*.285=$1539

So increase in dollars is $1,539


That is the money growth. Now add to initial balance to find the account total after the end of the year

5400+1539=$6,939

Money in the account at the end of the year $6,939
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