SOLUTION: eric invested $5000 dollars in the stock market. the value of his stock increased by 13%. what is the amount earned from this investment? and what is the new value of the stock?

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Question 83652: eric invested $5000 dollars in the stock market. the value of his stock increased by 13%. what is the amount earned from this investment? and what is the new value of the stock?
Answer by checkley75(3666) About Me  (Show Source):
You can put this solution on YOUR website!
5000+.13*5000=5000+650=5650 value of the stock after adding the increase.
.13*5000=650 is the increase.