I might be doing something wrong, but that formula doesn't seem to be
working.
this yr = 10
last yr = 0
increase = 10
% of increase over last year = WHAT? (how is WHAT stated as a %? 100% or is
100% only valid if last year had a value other than zero?
Lets think this thru, the zero might be getting you. This is how to calc
percent increase.
Let's say an automobile you wanted to buy was $20,000, but now you see it
has increased to $25,000, what is the percent increase.
First find absolute increase:
25000-20000=5000
The percentage increase is the relative change:
5000/20000=.25
Hope this helps at least the thought process.
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