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28 March, 09:03

Zach invested $1500. He earned 23.2% on his investment. Determine how much money he has now.

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  1. 28 March, 10:55
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    To figure out 23.2%, first figure out how much 1% is by dividing 1500 divided by 100=15

    Next, multiply the 15 (1%) by the 23.2% to figure out how much that is.

    23.2 x 15 = 348

    Now, you have to add thr investment ($348) to his originsl amount of money ($1500).

    $1500 + $348 = $1848

    Zach now has $1848
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