Measurements are made at two different times. Find the absolute change and then find the percentage change. Roundanswers to the nearest tenth if necessary.
-The value of Anna's house increased from $160,000 when she bought it 20 years ago to $1.38 million today.
A) Absolute change: $\$ - 1,220,000$
Percentage change: 762.5\%

B) Absolute change: $\$ 1,220,000$
Percentage change: 76.3\%

C) Absolute change: $\$ 1,220,000$
Percentage change: $762.5 \%$

D) Absolute change: $\$ 1,220,000$
Percentage change: $88.4 \%$

Question

Measurements are made at two different times. Find the absolute change and then find the percentage change. Roundanswers to the nearest tenth if necessary.
-The value of Anna's house increased from $160,000 when she bought it 20 years ago to $1.38 million today. 
A) Absolute change: $\$ - 1,220,000$
Percentage change: 762.5\%

B) Absolute change: $\$ 1,220,000$ 
Percentage change: 76.3\%

C) Absolute change: $\$ 1,220,000$
Percentage change: $762.5 \%$

D) Absolute change: $\$ 1,220,000$ 
Percentage change: $88.4 \%$

Quizplus · Accepted Answer

The absolute change is the difference between the final value and the initial value, which is $1,380,000 - $160,000 = $1,220,000. The percentage change is calculated as (Absolute change / Initial value) * 100 = ($1,220,000 / $160,000) * 100 = 762.5%.

Measurements Are Made at Two Different Times $−1,220,000\$ - 1,220,000$−1,220,000 Percentage Change: 762

Measurements Are Made at Two Different Times $\$ - 1,220,000$ Percentage Change: 762