Last year, Dan opened an investment account with  $5500. At the end of the year, the amount in the account had decreased by 26.2%. How much is this decrease in dollars? How much money was in his account at the end of last year?   decrease in amount: year-end amount:

Intermediate Algebra
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ISBN:9780998625720
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Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.50TI: Susana invested a principal of $36,000 in her bank account that earned simple interest at an...
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Last year, Dan opened an investment account with  $5500. At the end of the year, the amount in the account had decreased by 26.2%. How much is this decrease in dollars? How much money was in his account at the end of last year?
 
decrease in amount:
year-end amount:
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