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22 March, 21:03

Mr. Milton had $1,200 in his savings account at the beginning of the year. If his account has a balance of $1,230 at the end of the year, what is the percent increase of his balance?

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  1. 22 March, 21:22
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    The total amount of the increase was: 1230 - 1200 = 30

    The percent increase is: 30/1200 = 0.025

    0.025 x 100 = 2.5% increase
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