Answer: To calculate the projected percent increase in the number of virtual reality devices from 2016 to 2020, we can use the formula:
Percent Increase = ((New Value - Old Value) / Old Value) * 100
where:
Old Value = Number of devices in 2016 = 76 million
New Value = Number of devices in 2020 = 332 million
Now, let's calculate the percent increase:
Percent Increase = ((332 million - 76 million) / 76 million) * 100
Percent Increase = (256 million / 76 million) * 100
Percent Increase ≈ 336.842105263
Rounded to two decimal places, the projected percent increase in the number of virtual reality devices from 2016 to 2020 is approximately 336.84%.