Question

In 2010,you had $500. By 2013, you had $985 in savings.What is the percent change in your savings from 2010 to 2013?Round to 2 decimal places

Answer 1

Answer: 97%

Step-by-step explanation: use the method of making a table. Your headings are original change, and after change column, you have percentage and value first of all, you have to assume that the original percentage is 100 the changes X, and after changes unknown the values are the original 500 after changes 985, subtract 500 from 985, which gives you 485 place it in the value row under the colon of change now placing X on the percentage row under the column change just above 485 now cross multiplication will give you 97%

Answer 2

97%

Explanation:

To calculate the percent change in your savings from 2010 to 2013, we need to find the difference between the initial amount and the final amount, and then divide it by the initial amount.

In this case, the initial amount is $500 in 2010 and the final amount is $985 in 2013

To find the difference, we subtract the initial amount from the final amount: $985 - $500 = $485

Next, we divide the difference by the initial amount: $485 / $500 = 0.97

To express this as a percentage, we multiply the result by 100: 0.97 * 100 = 97%

Therefore, the percent change in your savings from 2010 to 2013 is 97%