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Earn +20 ptsQ: How do you find the percent change from one year to the next?
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Calculate the residual value of a 48000 dollar SUV at the end of a three-year lease if it depreciates 20 percent the first year and 10 percent each year after that?
First year: 48000*.8=38400 Next years:38400*.9^2=31104 $31104
How do you calculate a paticular year growth percent?
(Final-Initial)/(Initial) is the formula for percent change (multiply by 100 to make it a percentage) I think this is what you are looking for.
How do you find the interest on 700 for 1 year at 6 percent?
You say to yourself "Six percent is the same as 0.06 ."0.06 x 700 = 42
What is the daily interest rate if the annual interest rate is 16.75 percent based on 365 days in the year?
If the interest rate yearly is 16.75% then the daily interest rate will be 16.75%. The daily, weekly, monthly, or hourly rate doesn't change from one time frame to the next.
How do you calculate last year's vol when you know this Year and percent change?
Year 1= X Year 2= 25,000 Growth Year 2 vs. Year 1 : 16.7% Year 1 = 25,000 / 1.167 Year 1 = 21,422 Mind the decimal places. :-)
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