Questions on Algebra in Finance answered by real tutors!

Algebra ->  Algebra -> Questions on Algebra in Finance answered by real tutors!     (Log On)
Ad: Algebra Solved!™: algebra software that solves YOUR algebra homework problems with step-by-step help!



Question 164321: The sales of Jetta sneakers rose from $3 billion to $3.5 billion. Find the percent increase to the nearest whole percent.
(a)1.4% (b)1.7% (c)14% (d)17%
How do you multiply billions to get the right answer?
: The sales of Jetta sneakers rose from $3 billion to $3.5 billion. Find the percent increase to the nearest whole percent.
(a)1.4% (b)1.7% (c)14% (d)17%
How do you multiply billions to get the right answer?

Answer by Fombitz(1787) About Me  (Show Source):
You can put this solution on YOUR website!
Percent=(New-Old)/Old x 100
P=((3.5-3)/3)*100
P=(0.5/3)*100
P=(0.167)*100
P=16.7
The closest whole percent is d.17%.