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Mathematics 7 Online
OpenStudy (anonymous):

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?

OpenStudy (amistre64):

\[\frac{Amount_{new}-Amount_{old}}{Amount_{old}}\]

OpenStudy (anonymous):

wuts the awnser

OpenStudy (amistre64):

that is the answer, what it amounts to? dunno, youd actually have to work it out

OpenStudy (amistre64):

another method, that might be simpler on a calculator is: \[\frac{Amount_{new}}{Amount_{old}}-1\]

OpenStudy (anonymous):

20%

OpenStudy (anonymous):

amistre64 is correct.

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