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.

p =  3.6 %

### Step-by-step explanation:

We will be pleased if You send us any improvements to this math problem. Thank you!

Tips to related online calculators

## Related math problems and questions:

• Four pupils
Four pupils divided $1485 so that the second received 50% less than the first, the third 1/2 less than a fourth, and fourth$ 154 less than the first. How much money had each of them?
• Saving 9
An amount of $2000 is invested at an interest of 5% per month. If$ 200 is added at the beginning of each successive month but no withdrawals. Give an expression for the value accumulated after n months. After how many months will the amount has accumula
• Saving in January
On the 1st of January a students puts $10 in a box. On the 2nd she puts$20 in the box, and so on, putting the same number of 10-dollers notes as the day of the month. How much money will be in the box if she keeps doing this for a the first 10 days of Ja
• Exchange rates
If the Canadian dollar appreciated by C$0.005 relative to the US dollar, what would be the new value of the Canadian dollar per US dollar? Assume the current exchange rate was US$1 = C$0.907. • Loan If you take a bank loan$ 10000 and we want to repay after the year, we have to pay the total amount $10320/ What is the annual interest rate on this loan? • Sales off If a sweater sells for$ 19 after a 5% markdown, what was its original price?
• Loan
Apply for a $59000 loan, the loan repayment period is 8 years, the interest rate 7%. How much should I pay for every month (or every year if paid yearly). Example is for practise geometric progression and/or periodic payment for an annuity. • Commission Daniel works at a nearby electronics store. He makes a commission of 15%, percent on everything he sells. If he sells a laptop for 293.00$ how much money does Daniel make in commission?
• Spending
Suppose I spend 25% of my net pay of $922.28 on entertainment. How much money is that? • Startup Jaxon’s start up business makes a profit of$450 during the first month. However, the company records a profit of -$60 per month for the next four months and a profit of$125 for the final month. What is the total profit for the first six months of Jaxon’
• An engineer
An engineer and five technicians on an oil rig together earn $14208 per month, whilst three engineers and nine technicians together earn$28800 per month. Find how much an engineer and how much a technician earns per month.
• Great Wall of China
The Great Wall of China is long 8880 km. Historically valuable, however, is only 30% of its length. What amount of insurance pays the Peoples Republic of China a month for this monument if the insurance company charges $10 per year per kilometer of histo • Lemonade In January, 2 liters of lemonade were sold for CZK 24, while in February, 2.5 liters of lemonade sold at same price. How much percent was 1 liter of lemonade cheaper in February than in January? • Salary Calculate the equivalent annual salary to an hourly wage of$ 19. Assume a 42-hour workweek.
Charlie is saving money to buy a pair of headphones for $225. He has$37 so far, and he can save $15 per week. In how many weeks will he have enough money to buy the headphones? • Find the 6 Find the total cost of 10 computers at$ 2100 each and 7 boxes of diskettes at $12 each • Percentages 5$5.25 is 7 1/2% of what number?