Question

Alan deposited $300 into a savings account. At the end of the first year the amount of money in the account has increased to $336. At the end of the second year he had $420. A) Find a percent increase in the amount of money in the savings account at the end of the first year. b) find the percent increase in the amount of money in his savings account from the end of the first year to the end of the second year

Answer 1

Answer: 12%

Step-by-step explanation: 12%. You take 336-300 and you get 36. Then you divide 36 with 300 and get .12 which is 12%.