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?
Answer:
\(x=\frac{65}{365} *100\)
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 \(x=\frac{65}{365} *100\)
\(x=17.8%\)
Thus the expression describes the percent of increase in the account balance : \(x=\frac{65}{365} *100\)