Respuesta :

intial value = 30,000

final value = 31,590

30,00 ( 1 + x) = 31,590

Solve for x ( increase in decimal form)

30,000+ 30,000x = 31,590

30,000x = 31,590-30,000

30,000x =1,590

x= 1,590/30,000

x= 0.053

Multiply by 100

0.053 x 100= 5.3%

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