Answer:
<em>The relative change from Bloomington to Kokomo is -12.449...%</em>
Step-by-step explanation:
The fair market rental rate for Bloomington is $747 and for Kokomo is $654.
So, the amount of relative change from Bloomington to Kokomo will be:
dollar.
<em>Formula for percentage of relative change = (Amount of relative change/ Initial amount)× 100%</em>
So, the percentage will be: 