Question

How much money do you have if your Savings Account has increased 14% in value over the past 6 years? It started out six years ago with $2,000.00 that you got from your great-grandma! Please solve in proportion form and please explain clearly

Answer 1

You have $2,280
First divide 2000 by 100 ( $20) to get 1%
Multiply $20 by 14 for the 14% ($280)
Add that on to $2,000 to get $2,280 I’m pretty sure that’s the right answer