To find the diver's elevation when he is \( \frac{23}{100} \) (or 23%) of the way down to a depth of 97.2 feet, you can calculate it as follows:
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Calculate the amount the diver has descended: \[ \text{Depth descended} = 97.2 \text{ feet} \times 0.23 = 22.356 \text{ feet} \]
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Since the diver is below the surface, the elevation will be negative: \[ \text{Elevation} = -22.356 \text{ feet} \]
Comparing this with the options you provided, none of the options are correct. The correct elevation of the diver when he is \( \frac{23}{100} \) of the way down is approximately \( -22.4 \) feet.