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Last year ,Eric opened an investment account with $8500. At the end of the year , the amount in the account had decreased by 28.4%.how much is this decrease in dollars? How much money was in his account at the end of last year?

Respuesta :

Recall that the x% of y can be computed using the following expression:

[tex]y\cdot\frac{x}{100}\text{.}[/tex]

Therefore the 28.4% of 8500 is:

[tex]8500\cdot\frac{28.4}{100}=2414.[/tex]

Then the amount in the account had decreased by $2414.

Therefore there was:

[tex]8500-2414=6086[/tex]

dollars in Eric's account at the end of last year.

Answer:

1) $2414.

2) $6086.

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