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Last year, Maya opened an investment account with 8,800. At the end of the year, the amount in the account had decreased by 26.5%. How much is this decrease in dollars? How much money was in her account at the end of last year?

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Answer:

Results are below.

Step-by-step explanation:

Giving the following information:

Initial investment= $8,800

Percentage decrease= 26.5%

To calculate the money Maya lost, we need to use the following formula:

Decrease on dollars= 8,800*0.265

Decrease in dollars= $2,332

At the end of the years she has:

Money left= 8,800 - 2,332

Money left= $6,468

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