Final answer:
The percent increase to the nearest percent is 3%.
Step-by-step explanation:
To find the percent increase, we first subtract the initial price from the final price to determine the increase: $73 - $71 = $2.
Then, we divide the increase by the initial price and multiply by 100 to express it as a percentage: ($2 / $71) * 100 ≈ 2.82%.
Therefore, the percent increase to the nearest percent is approximately 3%.