Question

Last year, Trey opened an investment account with $7400. At the end of the year, the amount in the account had increased by 23.5%. How much is this increase in dollars? How much money was in his account at the end of last year?

Increase in amount: what $
Year-end amount: What$

Answer 1

i have no idea

Answer 2

Increase in amount: $1,739
7400*.235= 1,739
Year-end amount: $9,139
7400+1739=9,139