Last year, David opened an investment account with $8400. At the end of the year, the amount in the account had decreased by 21%. (a) Fill in the blank to write the year-end amount in terms of the original amount. Write your answer as a decimal. Year-end amount = x Original amount (b) Use your answer in part (a) to determine the year-end amount in David's account. Year-end amount: S

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter2: Equations And Inequalities
Section2.3: Models And Applications
Problem 23SE: Paul has $20,000 to invest. His intent is to earn11% interest on his investment. He can invest part...
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Last year, David opened an investment account with $8400. At the end of the year, the amount in the account had decreased by 21%.
(a) Fill in the blank to write the year-end amount in terms of the original amount. Write
your answer as a decimal.
Year-end amount = x Original amount
(b) Use your answer in part (a) to determine the year-end amount in David's account.
Year-end amount: S
Check
O 2021 McGraw-Hill Education. All Righ
ILL MEET
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Transcribed Image Text:Last year, David opened an investment account with $8400. At the end of the year, the amount in the account had decreased by 21%. (a) Fill in the blank to write the year-end amount in terms of the original amount. Write your answer as a decimal. Year-end amount = x Original amount (b) Use your answer in part (a) to determine the year-end amount in David's account. Year-end amount: S Check O 2021 McGraw-Hill Education. All Righ ILL MEET IN NEW **- F5 F6 F3 F2 Esc FnLock
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