## Unlocking the Power of Percentages: A Step-by-Step Guide to Calculating 900 x 1.07

Have you ever wondered how a seemingly simple multiplication like 900 x 1.07 can be so powerful? This seemingly straightforward calculation is the foundation of many real-world scenarios, from calculating interest on your savings to understanding price increases. Let's break it down and explore its significance.

**What's the Problem?**

The question, "What is 900 x 1.07?" essentially asks: What is 107% of 900? This calculation is crucial when we need to find a value that's a certain percentage **greater** than the original amount.

**Let's Dive Deeper**

The 1.07 in the equation represents 107%, which is 100% (the original amount) plus 7% (the increase). Here's the breakdown:

**100% of 900 is 900**(because 100% equals 1, and 900 x 1 = 900)**7% of 900 is 63**(because 7% equals 0.07, and 900 x 0.07 = 63)

**Adding it all together:**

900 x 1.07 = 900 + 63 = **963**

**Real-World Applications**

This type of calculation is used in numerous situations:

**Calculating Interest:**Imagine you have $900 in a savings account earning 7% annual interest. The calculation 900 x 1.07 would determine the total amount in your account after one year.**Price Increases:**If a product costs $900 and experiences a 7% price hike, the calculation 900 x 1.07 gives you the new price.**Sales Tax:**In many places, sales tax is calculated as a percentage of the purchase price. Understanding this type of calculation helps determine the final price.

**Beyond the Basics**

This simple calculation highlights the power of percentages in our everyday lives. It's a fundamental tool for understanding growth, change, and financial concepts. Whether you're a student learning about percentages or a seasoned investor, understanding this basic concept can lead to a deeper understanding of the world around you.

**Credit:** This explanation draws inspiration from the helpful explanations shared by users on Brainly, a platform for peer-to-peer learning. Many users contributed insightful solutions to the question "900 x 1.07," allowing us to explore this concept in a deeper, more practical way.