Help!!! Three years ago, the average price of movie tickets was $8.75 and now it’s $10.87. What is the annual multiplier and percent i

Question

Help!!!
Three years ago, the average price of movie tickets was $8.75 and now it’s $10.87. What is the annual multiplier and percent increase? Sketch graph and make a table for the situation.

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Bơ 3 years 2021-08-10T18:29:08+00:00 1 Answers 112 views 0

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  1. danthu
    -2
    2021-08-10T18:30:52+00:00
    Reply

    Answer:

    Price of tickets:

    3 years ago – 8.75  

    now – 11

    annual multiplier:

    b³ = 11/8.75  

    b = ∛11/8.75

    b = 1.079

    The annual multiplier is 1.079.

    1.079 * 100% = 107.9%

    107.9% – 100% = 7.9%

    The percentage increase is 7.9%

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