Ask Question
24 November, 04:01

A typical high-income household in 1980 earned $125,556. a similar household in 2009 earned $180,001. what was the relative increase in income for these households from 1980 to 2009? round to the nearest one percent. incorrect%

+3
Answers (1)
  1. 24 November, 06:42
    0
    Our basis for the calculation of the relative increase is that which was earned in 1980. The equation that will be used in order to determine the unknown in this item is,

    d = ((180,001 - 125,556) / 125,556) x 100%

    d = 43.36%

    Rounding this to the nearest one percent will give us an answer of 43%.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A typical high-income household in 1980 earned $125,556. a similar household in 2009 earned $180,001. what was the relative increase in ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers