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Last year,Jim opened an investment account with $7400. At the end of the year, the amount in account had increased by 26.5%. How much is the increase in dollars? How much money …

Last year,Jim opened an investment account with $7400. At the end of the year, the amount in account had increased by 26.5%. How much is the increase in dollars? How much money …
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Last year,Jim opened an investment account with $7400. At the end of the year, the amount in account had increased by 26.5%. How much is the increase in dollars? How much money was in his account at the end of last year?

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User Angello
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7.1k points

1 Answer

2 votes

Explanation:

I=prt

I=7400×(26.5/100)×1

I=$1961

total money 7400+1962= $9361

answered
User Msalman
by
8.4k points
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