Assignment:
<><><><><><><>
Answer:
<><><><><><><>
Explanation:
<><><><><><><>
[ Step One ] Switch Sides
[ Step Two ] Add 4 To Both Sides
[ Step Three ] Simplify
[ Step Four ] Check Your Work
[ Step Five ] Question: Is Equation Correct
<><><><><><><>
Price of book in 1938 = $ 0.10
Price of book in 2011 = $ 2,161,000
Number of years over 1938-2011 = 2011 - 1938 = 73
Annual increase in the price =
⇒ Annual increase in the price =
⇒ Annual increase in the price = (1.260302283 - 1 ) × 100
⇒ Annual increase in the price = 0.260302283 × 100
⇒ Annual increase in the price = 26.0302283 %
⇒ Annual increase in the price = 26%
Hence, the comic book price increased by 26% annually