Sam has an account that has increased over a 12 month period from 8765.00 to 9006.04. What percent interest did he receive in the 12 month period?

Question

anonymous · Answer

8765.00+(8765.00*x)=9006.04

anonymous · Answer

solve for x and you will have the interest as a decimal you need to convert to a percentage

anonymous · Answer

okay hold on let me do it

anonymous · Answer

I got x=2.75% ( i multiplied the decimal i got .02750028 by 100)

anonymous · Answer

That's it. Great job.

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anonymous · Answer

i did give you a medal for last question you helped me with, and i will give you a medal for this one too, thanks

anonymous · Answer

oh awesome, thanks.. sorry i missed it

anonymous · Answer

simple physics please help me with my last question