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

Question

asked Jun 12, 2022 78.1k views

1 Answer

Grayger · Answer 1 · 2022-06-19T13:35:15+0000

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

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