SOLUTION: Sam has a savings account that increased in value over a twelve month period from $8765.00 to $9006.04. He made no deposits or withdrawals in that time. What percent interest did

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Sam has a savings account that increased in value over a twelve month period from $8765.00 to $9006.04. He made no deposits or withdrawals in that time. What percent interest did      Log On

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Question 540478: Sam has a savings account that increased in value over a twelve month period from $8765.00 to $9006.04. He made no deposits or withdrawals in that time. What percent interest did he receive for the 12 month period?
Answer by jpg7n16(66) About Me  (Show Source):