Answer:
The answer rounded to the nearest percent is 19%.
Step-by-step explanation:
The formula for percent change is this:
((y2 - y1) / y1)*100
Let y1 be the first value (595) and let y2 be the second (708).
((702 - 595) / 595)*100
702 - 595 is 107 and 107/595 is approximately 0.188, multiplied by 100 is 18.8, which is rounded to 19%.
That is our solution.
And that's an awfully small amount of rent to pay (at least in California).
Answer:
19%
Step-by-step explanation:
Rent this year = $595
Rent next year = $708
Change = $708 - $595
= $113
Percentage change = change /this year’s rent x 100%
That’s 113/595 x 100%
0.1899 x 100%
18.99%
19%
