If Cash Is $4,170 in 2016 and $3,370 in 2015

question 23

Multiple Choice

If cash is $4,170 in 2016 and $3,370 in 2015, what is the percent increase or decrease from 2015 to 2016? (Round your final answer to two decimal places, X.XX%.)

• A)+0.81%.
• B)+23.74%.
• C)-1.24%.
• D)+19.18%.

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Definitions:

Difficulties

Challenges or obstacles that may impede progress, require problem-solving, or necessitate adaptation.

Deregulating Banks

Deregulating Banks involves reducing the rules and regulations imposed on banks with the aim of increasing financial institutions' ability to operate freely and innovate.

Financial Institutions

Organizations that provide financial services, including banks, credit unions, insurance companies, and investment firms, to individuals and businesses.

Foreign Banks

Banking institutions that operate in a country but are headquartered or originated in another country.