SOLUTION: Question 10 Last year, Reuben opened an investment account with $7800. At the end of the year, the amount in the account had decreased by 6.5%. How much is this decrease in d

Algebra ->  Finance -> SOLUTION: Question 10 Last year, Reuben opened an investment account with $7800. At the end of the year, the amount in the account had decreased by 6.5%. How much is this decrease in d      Log On


   

Question 1140766: Question 10
Last year, Reuben opened an investment account with $7800.
At the end of the year, the amount in the account had decreased by 6.5%.
How much is this decrease in dollars? How much money was in his account at the end of last year?
Find the Decrease in amount, and the year end amount
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
decrease amount in dollars is 7800*0.065=$507
amount left is the difference or 7800-507=$7293