I know how to do it when growth rate = present - past / past x 100. I'm getting tripped up over how to work in the propose amount.

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I know how to do it when growth rate = present - past / past x 100. I'm getting tripped up over how to work in the propose amount.

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BTW

present - past / past x 100 MEANS \(\displaystyle present - \dfrac{past}{past}\cdot 100 = present - 1\cdot 100 = present - 100\).

Are you SURE that's what you want?

Use parentheses to clarify meaning. (present - past) / past x 100

Sorry for the confusion. The formula I was using is (Present) - (Past) / (Past) x 100. I guess my question is, how does 6,015,301 tie into all of this? That's where I'm getting lost.

BTW

present - past / past x 100 MEANS \(\displaystyle present - \dfrac{past}{past}\cdot 100 = present - 1\cdot 100 = present - 100\).

Are you SURE that's what you want?

Use parentheses to clarify meaning. (present - past) / past x 100

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2) How did you calculate the 2017-2018 growth rate? Do the 2019-2018 growth rate in EXACTLY the same way.

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Here's my take on the problem: There is a rate of growth from 2017 to 2018, and there is aIn 2017, the County Tax Assessor spent $4,546,431 from the counties' general fund. In 2018, they spent $5,823,399. In 2019 they propose to spend $6,015,301. What is the annual rate of growth in the amount of funds spent by the assessor?

I know how to do it when growth rate =(present - past)/ past x 100. I'm getting tripped up over how to work in the propose amount.

I presume you quoted the problem exactly and completely?

Geeshhhhh...use 4,546 and 5,823 and 6,015 !!In 2017, the County Tax Assessor spent $4,546,431 from the counties' general fund. In 2018, they spent $5,823,399. In 2019 they propose to spend $6,015,301. What is the annual rate of growth in the amount of funds spent by the assessor?

I have no idea what you're trying to say. Sorry.Geeshhhhh...use 4,546 and 5,823 and 6,015 !!

Yes, I quoted it exactly how he gave it to us. He did give us four possible answer choices:Here's my take on the problem: There is a rate of growth from 2017 to 2018, and there is aproposedrate of growth from 2018 to 2019. They are (very) different. The question asks foronerate, namely "in the amount of fundsspent" - not in the amount proposed to be spent, which has not actually been spent. So I think the 2017-2018 rate is all they are asking for. If that's not what was intended, I'm not sure what is.

I presume you quoted the problem exactly and completely?

$1,468,870 | |

2.65% |

32% ??? | |

15% |

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tkhunny already told you that (Present) - (Past) / (Past) x 100 = present - 100 (since past/past=1 and 1*100=100)Sorry for the confusion. The formula I was using is (Present) - (Past) / (Past) x 100. I guess my question is, how does 6,015,301 tie into all of this? That's where I'm getting lost.

tkhunny even told you how to write it correctly!

In any case, what have you done? Where are you stuck. Please show us your work so we can help.

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Hey! I keep arriving at 32%. I just sent my teacher an email asking him to explain the problem in class tomorrow. Thanks!tkhunny already told you that (Present) - (Past) / (Past) x 100 = present - 100 (since past/past=1 and 1*100=100)

tkhunny even told you how to write it correctly!

In any case, what have you done? Where are you stuck. Please show us your work so we can help.

I wasn't annoyed at you...I was annoyed at your teacherI have no idea what you're trying to say. Sorry.

for using numbers like $6,015,301

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The growth rate from 2017 to 2018 was (5283399- 4546431)/4546431= 16.2%.

The growth rate from 2018 to 2019 will be (6015301- 5283399)/5283399= 13.8%.

The growth rate from 2017 to 2019 will be (6015301- 4546431)/4546431= 32.3%. In this last case, the