the steps to calculate percent change in finances are shown, but they are not in the correct order. please…

the steps to calculate percent change in finances are shown, but they are not in the correct order. please arrange them in the correct sequence: multiply the proportion of change by 100 to get the percent change. subtract the old value from the new value to get the difference. if the result is positive, it indicates an increase. if the result is negative, it indicates a decrease. identify the old value (initial value) and the new value (current value). divide the difference by the old value to get the proportion of change.
Answer
Explanation:
Step1: Identify values
Identify the Old Value (initial value) and the New Value (current value).
Step2: Calculate difference
Subtract the Old Value from the New Value to get the difference.
Step3: Find proportion
Divide the difference by the Old Value to get the proportion of change.
Step4: Convert to percent
Multiply the proportion of change by 100 to get the percent change.
Step5: Determine increase/decrease
If the result is positive, it indicates an increase. If the result is negative, it indicates a decrease.
Answer:
- Identify the Old Value (initial value) and the New Value (current value).
- Subtract the Old Value from the New Value to get the difference.
- Divide the difference by the Old Value to get the proportion of change.
- Multiply the proportion of change by 100 to get the percent change.
- If the result is positive, it indicates an increase. If the result is negative, it indicates a decrease.