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Ally22426094:
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.
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Mercury:
"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.
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