1 answer
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Using the formula provided, we can calculate the percent of change as follows:
percent of change = (18560 - 12979) / 12979 x 100
= 5579 / 12979 x 100
= 0.4291 x 100
ā 42.91
Rounding to the nearest whole percentage point, the percent of change is approximately 43%.
Therefore, the correct answer is A. 43% increase.