You can solve this problem by using the equation
, where
- F is the final amount
- P is the percent in decimal form
- I is the initial amount
*this is a different version of the percent change equation*
You have been given the final amount of homes Stewart Real Estate has sold, meaning F= 3806
You have also been given the percent in the problem. 73% in decimal form is 0.73 which will be P in the equation
Now, you have to plug in your information


Use your calculator to solve!
, or homes sold last year= 2199