Algebra 1

Published by Prentice Hall
ISBN 10: 0133500403
ISBN 13: 978-0-13350-040-0

Chapter 2 - Solving Equations - 2-10 Change Expressed as a Percent - Practice and Problem-Solving Exercises - Page 148: 13

Answer

There was an increase of about $54\%$.

Work Step by Step

Change in value: $=\text{new amount} - \text{original amount} \\= 22,320-14,500 \\= 7,820$ There was an increase. Percent Change: $ =\dfrac{\text{change in value}}{\text{original amount}} \\=\dfrac{7,820}{14,500} \\\approx 0.54 \\\approx 54\%$ There was an increase of around $54\%$.
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