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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?

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?
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2 votes
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?

asked
User Jacqijvv
by
8.0k points

1 Answer

1 vote
$365 increased to $428
365/428=1.17
which translates to an 117% increase

answered
User Olsonist
by
7.3k points
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