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Niko had his savings increase by %5 this year. He started out with $350 in his account and calculated how much he had at the end of the year by using the following sets of calculations. $350 x 0.05 equals $17.50 $350 + $17 and $0.50 equals $367.50 find a single number that Nico could have multiplied his starting amount of $350 by.

User Rumdrums
by
6.1k points

1 Answer

2 votes

Answer:

1.05

Explanation:

350r=367.50

Divide both sides by 350 and you'll get 1.05.

User Nabil Kadimi
by
6.2k points
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