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Last year, Ahmad opened an investment account with $5500 . At the end of the year, the amount in the account had increased by 6.4% . How much is this increase in dollars? How mu…

Last year, Ahmad opened an investment account with $5500 . At the end of the year, the amount in the account had increased by 6.4% . How much is this increase in dollars? How mu…
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Last year, Ahmad opened an investment account with $5500

. At the end of the year, the amount in the account had increased by 6.4%
. How much is this increase in dollars? How much money was in his account at the end of last year?

asked
User Valerij
by
8.0k points

1 Answer

3 votes

Answer:

The increase was 5400(0.075)=$405 The money in the account was 5400+405=$5805

Explanation:

answered
User Squirrelsama
by
8.5k points
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