Last year, Rachael opened an investment account with $5800 . At the end of the year, the amount in the account had increased by 23.5% . How much is this increase in dollars? How much money was in his account at the end of last year?

Where x represent the amount at the end of the year and if we solve we got:

And the the increase would be:

Step-by-step explanation:

We know that the initial amount is 5800 and at the end of the year the amount increase by 23.5% so then we can use the following proportional rule:

Where x represent the amount at the end of the year and if we solve we got:

And the the increase would be:

true !

step-by-step explanation: