Last year Brian opened an investment account with $5800. At the end of the year, the amount in the account decreased by 28.5%. How much is this decreased in dollars? How much money was in his account at the end of last year

Answers

Answer 1
Answer:

Answer:

It decreased by 1653$ and he ended up with 4147$

Answer 2
Answer:

Final answer:

The amount decreased in dollars is $1653 and the amount of money in Brian's account at the end of last year was $4147.

Explanation:

To calculate the amount of money decreased in Brian's investment account, we need to multiply the initial amount of $5800 by the decrease percentage of 28.5%, expressed as a decimal (0.285). 5800 * 0.285 = $1653. This represents the amount decreased in dollars. To find the amount of money in his account at the end of last year, we need to subtract the decrease from the initial amount: 5800 - 1653 = $4147.

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