The amount of money that Maria had in a savings amount at the beginning of 2018 was $2,750. At the beginning of 2019, the same saving account

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.

16.4%

Step-by-step 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%