Question

Last year, Heather opened an investment account with $ 5800. At the end of the year, the amount in the account

had increased by 29.5 %. How much is this increase in dollars? How much money was in her account at the end of
last year?​

Answer 1

$7511

Explanation:

So the initial amount is $5800. 29.5% increase means 29.5/100 * $5800.

So the answer would be about $1711.

Amount till the end of the year is $5800 + $1711 = $7511