Last year, Lena opened an investment account with $8800 . At the end of the year, the amount in the account had increased by 6.5%. How much is this increase in dollars? How much money was in her account at the end of last year?

Increase in amount:
Year-end amount:

At the end of the year, the amount in the account had increased by 6.5%. We need to find out how much is 6.5% increase in dollars and the amount of money in her account at the end of last year.

We have,

Amount in her account = $8800

6.5% increased.

6.5/100 x 8800

= 6.5 x 88

= 572

So at the end of the year, it increased by $572.

The amount of money in her account at the end of the year:

$8800 + $572

= $9372

Thus 6.5% increase in dollar is $572 and the amount of money in her account at the end of the year is $9372.

Learn more about the increase in amount with a certain percentage here:

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Last year, Lena opened an investment account with $8800 . At the end of the year, the amount in the account had increased by 6.5%. How much is this increase in dollars? How much money was in her account at the end of last year? Increase in amount: Year-end amount:

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Last year, Lena opened an investment account with $8800 . At the end of the year, the amount in the account had increased by 6.5%. How much is this increase in dollars? How much money was in her account at the end of last year?

Increase in amount:
Year-end amount: