The percent increase to the nearest tenth is 22.2%
Calculating percent increase
Percent increase is the percent it takes from a value to change from its initial value
Given the following
Initial value = 558,000
Final value = 718,000.
Determine the percent increase
% increase = (718,000-558000)/718,000 * 100
% increase = 160000/718000 * 100
% increase = 22.2%
Hence the percent increase to the nearest tenth is 22.2%
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