John’s bank account increased in value from last year to those year by 8% to $250. If the account increases by the same percenta
ge over the next year, what will be the value next year?
1 answer:
Answer:
$270
Step-by-step explanation:
We are given;
- The rate of increase is 8%
- The new amount is $250
We need to determine the value in the next year with the same rate of increase;
Therefore;
250% = 100%
New amount = 100 + 8 = 108%
Therefore;
New amount = (250 × 108)÷ 100
= $270
Therefore, the value in the next year is $270
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Divide both sides by 0.75 to get:
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Answer:
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Step-by-step explanation:
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