February 20, 2017

Homework Help: Math

Posted by Brandi on Sunday, May 12, 2013 at 9:58am.

Need help setting up the problem: If you deposited $800 into a savings account with an interest rate of 3.8%, what will be your balance at the end of 1 year. I was thinking the overall answer is 830.40 but you are supposed to use a percent equation and a proportion equation. I don't know how to do that in this situation. Thanks..

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