SOLUTION: Last year, Sung opened an investment account with $5600.At the end of the year, the amount in the account had increased by 6.5%. How much is this increase in dollars? How much mone

SOLUTION: Last year, Sung opened an investment account with $5600.At the end of the year, the amount in the account had increased by 6.5%. How much is this increase in dollars? How much mone

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Question 1041437: Last year, Sung opened an investment account with $5600.At the end of the year, the amount in the account had increased by 6.5%. How much is this increase in dollars? How much money was in his account at the end of last year?
Answer by jorel555(1290) (Show Source): You can put this solution on YOUR website!
5600*.065=364
5600+364=$5964 in the account at the end of the year. ☺☺☺☺
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