Net income was $500,000 in 2020, $485,000 in 2021, and $518,400 in 2022. What is the percentage
Question:
Net income was $500,000 in 2020, $485,000 in 2021, and $518,400 in 2022. What is the percentage of change
(a) From 2020 to 2021
(b) From 2021 to 2022? Is the change an increase or a decrease?
Calculate net income
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