In September 1997, the average cost for 1 gallon of home heating oil in New York City was $1.192 per gallon. By September 2008, it had risen to $4.173 per gallon. (By March 2016, it was down to $2.30.) What was the percent increase in the 11 years from 1997 to 2008? Round to the nearest percent.

Chapter 11, Application 11.1 #18

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In September 1997, the average cost for 1 gallon of home heating oil in New York City was $1.192 per gallon. By September 2008, it had risen to $4.173 per gallon. (By March 2016, it was down to $2.30.) What was the percent increase in the 11 years from 1997 to 2008? Round to the nearest percent.

Related Book For answer-question

Financial Algebra Advanced Algebra With Financial Applications

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

ISBN: 9781337271790