Complete question :
The amount of money that Maria had in a savings account at the beginning of 2018 was $2,750. At the beginning of 2019, the same savings account now had $3,201 in it.
By what percent did Maria’s savings increase from 2018 to 2019? Show the work that leads to your answer and do not round.
Answer:
16.4%
Explanation:
Given that:
Amount in 2018 = 2750
Amount in 2019 = 3201
Percentage increase in savings :
[(amount saved in 2019 - Amount saved in 2018) / Amount saved in 2018] * 100%
[(3201 - 2750) / 2750] * 100%
= 451 / 2750 * 100%
= 0.164 * 100%
= 16.4%