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?
1 answer:
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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