The net revenue of a company rose 3.6 %, while inflation rate was 3.0 %. Calculate the relative real change in revenue as percentage.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 63SE: In the year 1985, a house was valued at 110,000. Bythe year 2005, the value hadappreciated to...
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The net revenue of a company rose 3.6 %, while inflation rate was 3.0 %. Calculate the relative real change in revenue as percentage.
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