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## 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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Mathematics
3 years
2021-08-10T18:29:08+00:00
2021-08-10T18:29:08+00:00 1 Answers
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## Answers ( )

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%