shauntefowler
Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Discover a wealth of knowledge from professionals across various disciplines on our user-friendly Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

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
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.