I have no idea how to work this problem. Someone show me how to please
In order to solve this problem we would first need to find out what 17% of the original value is in dollars. This can be found by:
- 650 x (17/100) = 650 x 0.17 = $110.5
What this is telling us, is that the original investment has increased by $110.5. Therefore our final answer will be:
- 650 + 110.5 = $760.5
Hope this helps!