Social Security Administration

In January 2012, the Social Security Administration increased benefits to its recipients for the first time since 2009. Before the increase, James received $1200/month. After the increase, he received $1243.20/month. Find the percent increase in Social Security benefits.

Correct result:

p =  3.6 %

Solution:

a=1200 b=1243.20  p=100 baa=100 1243.212001200=185=3 35=185%=3.6%



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