Movie tickets now average $9.75 per ticket, but are increasing 7% each year. What is the growth factor?

Dkozl asked Apr 25, 2022

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45 votes

Movie tickets now average $9.75 per ticket, but are increasing 7% each year.

What is the growth factor?

Dkozl asked Apr 25, 2022

by Dkozl

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6 votes

Answer:

The Tickets grow approximately ¢68 or $0.68 each year

Explanation:

7% of 9.75 = 0.68

A percentage is out of a fraction of 100; 7/100

Hope This Helps!

Honcheng answered May 1, 2022

3.0k points

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