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Sergeu [11.5K]
1 year ago
7

Last year Kara opened an investment account with $8600. At the end of the year, the amount in the account had increased by 24.5%

. How much is this increase in dollars? How much money was in her account at the end of last year?
Mathematics
1 answer:
scoray [572]1 year ago
6 0
\begin{gathered} i=24.5\text{\%=0.245} \\ C=\text{ \$}8600 \\ \text{Increaing}=(\text{ \$}8600)(\text{0.245}) \\ \text{Increasing}=\text{ \$}2107 \\ It\text{ went up \$2107} \\ Total=\text{\$}8600+\text{ \$2107} \\ \text{Total}=\text{\$}10707 \\ \text{She has \$}10707\text{ at the end of the year} \end{gathered}

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