Question

last year, Carmen opened an investment account with $7400. At the end of the year, the amount in the account had decrease buy 26.5%. How much is this decrease in dollars? How much money was in her account at the end of the year?

Answer 1

The account decreased by
7,400×0.265=1,961

The account at the end of the year
7,400−1,961=5,439