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Last year, Goran opened an investment account with $5200 at the end of the year, the amount in the account had decreased by 24.5% how much is this decrease dollars? How much money was in his account at the end of last year?

Respuesta :

Answer:

There is a decrease of $1274 and Amount in account after decrease is $3926    

Step-by-step explanation:

Principal = $5200

the amount in the account had decreased by 24.5%

So, decrease in amount = [tex]24.5\% \times 5200[/tex]

                                      = [tex]\frac{24.5}{100} \times 5200[/tex]

                                      = [tex]1274[/tex]

So, there is a decrease of $1274

Amount in account after decrease = 5200 - 1274 = $3926    

Hence there is a decrease of $1274 and Amount in account after decrease is $3926    

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