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Mathematics

Answered

A savings account increases from $300 to $309. What is the percent increase of the savings account?

Answer :

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Answer:

9 percent

Step-by-step explanation:

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Answer:

3%

Step-by-step explanation:

1st Method: Increase Formula = (Last value-first value)/(first value)

Increase = (309-300)/300 = 9/300 = 3/100

= 0.03 or 3%

2nd Method: 309/300 = 103/100 = 1.03 (increase over 1 is 0.03 = 3%

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