Question

This year you earned $75,500 Laat year you earned $72,400. What was the rate of change on your earnings since last yeara. 4.28%b. 4.68%c. 4.92% d. 5.12%

Answer 1

This year you earned $75,500 Laat year you earned $72,400.

the rate of change on your earnings since last year

`\begin{gathered} R=(75500-72400)/(72400)*100 \\ R=(3100)/(72400)*100 \\ R=4.28 \end{gathered}`

So the rate of change is 4.28%.