The millers plan on retiring soon. when they were first married they purchased 1,000 shares in a mutual fund that was at that time paying $10 a share. now, thirty years later it is paying $78 a share. what is the percent increase for the fund?
a) 6.8%
b) 7.8%
c) 78%
d) 680%

6.8%

Step-by-step explanation:

We need to find both percentage so we can determine the increase.

Finding percentage of $10 return: 1% return

Finding percentage of $78 return: 7.8% return

To find the percent increase we do 7.8%-1.0% = 6.8%

341

step-by-step explanation:

all you have to do is 9x31 (which equals 279) and then 20x31 (which equals 620). then you have to subtract. 620-279=341.

answer: i think it is (1,-2)