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Mark has $5,272.56 in an investment account. On Monday, the account earned $26.74. On Tuesday, the account lost $38.63. What is the value of Mark’s investment account after Tuesday?

A. $5,260.67
B. $5,260.67
C. $5,260.67
D. $5,260.67

User Bevor
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1 Answer

5 votes

Final answer:

By adding Monday's earnings and subtracting Tuesday's losses from Mark's initial investment, we find that the value of his investment account after Tuesday is $5,260.67.

Step-by-step explanation:

Mark's investment account initially has $5,272.56. On Monday, the account earned $26.74, and on Tuesday, the account lost $38.63. To calculate the value of Mark's investment account after Tuesday, we need to add the earnings from Monday and then subtract the loss from Tuesday.

Starting with $5,272.56, after Monday's earning, the new total is $5,272.56 + $26.74 = $5,299.30. Then, after Tuesday's loss, the new total is $5,299.30 - $38.63 = $5,260.67. Hence, the value of Mark's investment account after Tuesday is $5,260.67, which corresponds to answer choice A. $5,260.67.