4. Pete Smith found in his attic a Woody Woodpecker watch in its original box. It had a price tag on it for $4.50. The watch was made in 1949. Pete brought the watch to an antiques dealer and sold it for $35. What was the percent of increase? (3 pts)
35-4.50= 30.50
30.50/4.50=6.78% increase
35-4.50= 30.50
30.50/4.50=6.78% increase