SOLUTION: Malpractice insurance premiums at Thomas Jefferson University Hospital in Philadelphia increased from $8 million in 1998 to $21 million in 2003. Calculate the percent change in ma

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Malpractice insurance premiums at Thomas Jefferson University Hospital in Philadelphia increased from $8 million in 1998 to $21 million in 2003. Calculate the percent change in ma      Log On


   

Question 439005: Malpractice insurance premiums at Thomas Jefferson University Hospital in Philadelphia increased from $8 million in 1998 to $21 million in 2003. Calculate the percent change in malpractice increase premiums over this 5-year period.
Answer by jorel1380(3719) About Me  (Show Source):
You can put this solution on YOUR website!
21/8=2.625
The percent change is 262.5%..