Question

Third-quarter earnings of a Milwaukee-based mortgage insurance firm were up 19% from $122.9
million. (a) How much were the new earnings? Round to the nearest hundred thousands.

Answer 1

"up 19% ---> means a 19% increase. so all you have to do is calculate 19% of 112.9 million (as a decimal, 0.19 * 112.9 * 1,000,000), then add this onto the original 112.9 million. as the problem states, round to the nearest hundred thousands place.