Question

Last year, Jane opened an investment account with 5500 . At the end of the year, the amount in the account had increased by 7.8%. 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

The answer is 429.also the amount is 439

Answer 2

429 increase

5929 end of year

Explanation:

simply do 5500 times 1.078 to get 5929 as ur total subtract 5500 to tet your increase of 429