Question

Morgan had $1,679 in her savings account. After one year, her balance increases by 26. How much does Morgan have in her account now?

Answer 1

Morgan had $1,679 in her savings account. After one year, her balance increases by 2%. How much does Morgan have in her account now?

Remember that

100%+2%=102%=102/100=1.02

so

Multiply the original amount by the factor 1.02

1,679*(1.02)=$1,712.58

answer is

$1,712.58