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Trava [24]
3 years ago
6

The fair market rental rate for Bloomington is $747 and for Kokomo is $654. The relative change from Bloomington to Kokomo is __

___%.
Mathematics
1 answer:
irina1246 [14]3 years ago
5 0

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:  (\$654-\$747)=-93 dollar.

<em>Formula for percentage of relative change = (Amount of relative change/ Initial amount)× 100%</em>

So, the percentage will be:  \frac{-93}{747}\times 100\% =-12.449.... \%


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