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The amount of money in a savings account increased from $4,700 to $5,640. What was the percent of increase in the amount of money saved?
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\[\frac{Amount_{new}-Amount_{old}}{Amount_{old}}\]
wuts the awnser
that is the answer, what it amounts to? dunno, youd actually have to work it out
another method, that might be simpler on a calculator is: \[\frac{Amount_{new}}{Amount_{old}}-1\]
20%
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amistre64 is correct.
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