Asked by deb
In the mid 1990s selected automobiles had an average cost of $12000.The average cost of those same automobiles is now $20000. What was the rate of increase for these automobiles between the two time periods?
Answers
Answered by
Ms. Sue
20,000 - 12,000 = 8,000
8,000 / 12,000 = = 0.666667 = 67%
8,000 / 12,000 = = 0.666667 = 67%
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