Question

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

Increase in amount:
Year-end amount:

Answer 1

Answer: $429

Explanation:
$6600 + 6.5% = $7029
$7029 - $6600 =$ 429