SOLUTION: Last year, Diane opened an investment account with $5800.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 mone
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Last year, Diane opened an investment account with $5800.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 mone
Log On
Question 1086900: Last year, Diane opened an investment account with $5800.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 her account at the end of last year? Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! decrease %=amount of decrease/original amount
0.065=x/5800
x=$377; that is the dollar value of the decrease
The account is now worth $5423.
