Answer:
An increase of 20.9%
Step-by-step explanation:
Number of projects submitted last year = 43
Number of projects submitted this year = 52
To calculate the percentage change, we use the formula:
![\text{Percent change =}\frac{\text{Final Value-}Initial\text{ Value}}{\text{Initial Value}}*100](https://img.qammunity.org/2023/formulas/mathematics/college/x7wbzae1tb0owhi2xugvyvt6c9q343auyt.png)
Substituting our values, we have:
![\begin{gathered} \text{Percent change =}\frac{52-43}{\text{4}3}*100 \\ =(9)/(43)*100 \\ =0.2093*100 \\ =20.9\% \end{gathered}](https://img.qammunity.org/2023/formulas/mathematics/college/qhgrzthq7uh50l7yrm3c4ps1s1kkj5hnft.png)
The percent change is an increase of 20.9% (correct to the nearest tenth).