Since the basis is from year 1 to year 2, calculate first for the difference of their percentages. That would be:
Difference = year 2 - year 1
Difference = 2.32% - 1.1% = 1.22%
We apply this same value of percentage increase from year 2 to year. Thus, the percentage for year 3 is:
% Year 3 = % Year 2 + percentage increase
% Year 3 = 2.32% + 1.22%
% Year 3 = 3.54%
Divide both sides by l. Hope this helps! :D
X=-6
You get all the X to one side, and all the numbers to the other. Then divide. Work is shown in image below.