Question

Lucy opened an investment account with $6600. At the end of the year the amount in the account had increased by 6.5%. How muchis this increase in dollars? How much money was in her account at the end of last year?

Answer 1

The increase was $429

Explanation:

To find the amount of the increase, simply multiply the amount in the cost by the percentage of the increase. This will give you that amount.

$6600 * 6.5% = $429