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You deposit $365 into a savings account. After one year, the amount in the account is $428 . Which expression describes the percent of increase in the account balance?

Respuesta :

it would be 63$ a year which would be 5.79% of 365

Answer:

[tex]x=\frac{65}{365} *100[/tex]

Step-by-step explanation:

Given :You deposit $365 into a savings account. After one year, the amount in the account is $428 .

To Find : Which expression describes the percent of increase in the account balance?

Solution :

let x be the percent of increase in the account balance .

Since she had $365

after one year she has $428

increased amount = 428-365 =$65

So [tex]x=\frac{65}{365} *100[/tex]

[tex]x=17.8%[/tex]

Thus the expression describes the percent of increase in the account balance : [tex]x=\frac{65}{365} *100[/tex]


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