I need to know the increase per year

User Generated

pfunzzre

Mathematics

Description

The average consumer spends for cable is 200.7 in 2002, 221.7 in 2003, 266.5 in 2004. What is the yearly increase approximately per year?

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Explanation & Answer

221.7-200.7=21

21/200.7 multiply 100=10.4%

266.5-221.7= 44.8

44.8/266.5 multiply 100

16.8%

the increase is 16.8-10.4

6.4%



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