pennybrown911 pennybrown911
  • 03-06-2023
  • Mathematics
contestada

This year you earned $75,500. Last year you earned $72,400. What was the rate of change on your earnings since last year

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phuchoang
phuchoang phuchoang
  • 03-06-2023

Answer:

4.28%

Step-by-step explanation:

We Know

Last year you earned $72,400

This year you earned $75,500

What was the rate of change in your earnings since last year?

We Take

(75,500 ÷ 72,400) x 100 ≈ 104.28%

Then We Take

104.28 - 100 = 4.28%

So, the earning increased by about 4.28%.

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