If year 1 equals $750, year 2 equals $840, and year 3 equals $900, the percentage to be assigned for year 3 in a trend analysis, assuming that year 1 is the base year is?
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The percentage to be assigned for year 3 in a trend analysis is 120%.We need to know about the percent theory first, the percent number is per 100. It can be determined by this formulaPercentage = Last Value / Base Value x 100%From the question above, we know that :Base Value = 750Last Value = 900Find the increasing percentage by substituting the parameterPercentage = Last Value / Base Value x 100%Percentage = 900 / 750 x 100%Percentage = 120%Hence, the percentage to be assigned for year 3 in a trend analysis is 120%.Find more on percentages at: https://brainly.com/question/843074#SPJ4