Question

Last year, Rachel opened an investment account with $8200. At the end of the year, the amount in the account had decreased by 7.5%. How much is this decrease in dollars? How much money was in her account at the end of last year? What was the decrease in the amount? WHat was the year-end amount?

Answer 1

I think the decrease is $615.
She would have $7585 left in her account at the end of the year.