Describe the following change as both an absolute change in terms of Percentage Points, and as a relative change in terms of a percentage. The annual interest rate for Jack's savings account increased from 2.3% to 2.8%.
Describe the following change as both an absolute change in terms of Percentage Points, and as a relative change in terms of a percentage. The annual interest rate for Jack's savings account increased from 2.3% to 2.8%.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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Describe the following change as both an absolute change in terms of Percentage Points, and as a relative change in terms of a percentage.
The annual interest rate for Jack's savings account increased from 2.3% to 2.8%.
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