document.write( "Question 1133799: Kelly invested $20,000. The value decreased by 4% during the first month and increased by 5% the second month. What was the value of the investment at the end of the second month?
\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #751041 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! decrease % is decrease/original amount, and increase works the same way \n" ); document.write( "4% decrease of $20000 is a loss of $800, so there is $19200 left. \n" ); document.write( "A 5% increase is 5% of the beginning, which is now $19200, and that is $960. \n" ); document.write( "The amount after the second month is $20160 \n" ); document.write( " |