Question

Chandler closely monitored the balance of checking account. Chandler's checking account balance Month Amount April $80 May $ 97 June $ 88 July $ 92 August $ 92 According to the table , what was the rate of change between June and August

Answer 1

can you calculate the rate dividing the new month between the previous

and multiply with 100

$\begin{gathered} \frac{92}{88} \\ =1.045 \end{gathered}$

tha ratio change is 1.045

$\begin{gathered} 1.045\times100 \\ 104.5 \end{gathered}$

and the exchange rate percentage is 104.5%