Question

Ron started with $15 in his savings account. After a short amount of time, his balance was $100. What is the percent of change?

pls, help!!!

Answer 1

To calculate the percent of change, we can use the following formula:

Percent of change = (final value - initial value) / initial value x 100%

In this case, the initial value is $15 and the final value is $100. Plugging these values into the formula, we get:

Percent of change = ($100 - $15) / $15 x 100% = 567%

So the percent of change in Ron's savings account balance is 567%. This means that Ron's balance increased by 567% from its initial value of $15 to its final value of $100.