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Mathematics

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The following table shows timber stumpage prices for pine pulpwood in two regions of the American South. Prices are in dollars per ton and were recorded at the start of the indicated year.
Year  Region 1  Region 2 

2002  6.60  4.00 
2005  7.50  6.70 
2007  7.00  9.00 
e) For each region find the percentage increase in price from 2002 to 2007. (Round your answers to one decimal place.)
Region 1:
Region 2:
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percentage change =( final value  starting value) *100 / starting value
region 1 2002 to 2007
percentage change = (7.00  6.60 ) *100/ 6.60
= 6.06
= 6.1% ( rounded to one decimal place).....................ANSWER
region 1 2002 to 2007
percentage change = (9.00  4.00 ) *100/ 4.00
= 125 %
= 125 % ....................ANSWER
e) For each region find the percentage increase in price from 2002 to 2007. (Round your answers to one decimal place.)
Region 1: 6.1%
Region 2: 125 %
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