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Mathematics 13 Online
OpenStudy (anonymous):

Help! o-o Medal and Fan The Millers plan on retiring soon. When they were first married they purchased 1,000 shares in a mutual fund that was at that time paying $10 a share. Now, thirty years later is is paying $78 a share. What is the percent increase for the fund? A) 6.8% B) 68% C) 680% D) 6,800%

OpenStudy (anonymous):

So who is this?

OpenStudy (legends):

78-10

OpenStudy (anonymous):

\[% increase = \frac{(change in the value)}{(original value)} \times 100\]

OpenStudy (legends):

Ok since its 68 you move the decimal to the left one time which is 6.8

OpenStudy (anonymous):

b

OpenStudy (legends):

I think its d

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