Answer:
1) To determine how much the change of $9,000 to $10,395, we must subtract 9,000 from 10,395;
10,395 - 9,000 = $1,395 is the change in <u>price</u> (an increase).
Formula to find percentage of change;
Change in price/original amount x 100% (100/100)
Replace those values:
1,935 (change in price/increase) 100
_____ x _____ =<u> </u><u>%0.215</u>
9,000(original amount) 100
