At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.
Sagot :
Answer:
1%
Step-by-step explanation:
\text{\color{blue}{100\%} represents the \color{blue}{starting balance}: \color{blue}{\$50}.}
100% represents the starting balance: $50.
Method 1
Express the ending balance as a percentage of the starting balance:
\frac{\color{darkviolet}{\$50.50}}{\color{blue}{\$50}}=
$50
$50.50
=
\,\,1.01
1.01
1.01\times100=
1.01×100=
\,\,\color{darkviolet}{101\%}
101%
\text{Subtract the starting \color{blue}{100\%} to get the \color{green}{percent interest}:}
Subtract the starting 100% to get the percent interest:
\color{darkviolet}{101\%}-\color{blue}{100\%}=
101%−100%=
\,\,\boxed{\color{green}{1\%}}
1%
Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.
