Question
Client #20 Client #20 is your new boss, who has returned from vacation. Your new boss needs your help in completing a quarterly report for
Client #20
Client #20 is your new boss, who has returned from vacation. Your new boss needs your help in completing a quarterly report for the bank. Calculate the percent change (percent increase or percent decrease) for each category of bank business. Recall the formula new-old/old. Round final answers to the nearest hundredth. Use the format xx.xx% increase or xx.xx% decrease in the last column. (4 pts each)
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| Quarter 1 | Quarter 2 | Show your work | Percent Change |
| Number of mortgages | 14 | 19 |
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| Number of car loans | 20 | 15 |
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| Number of small business loans
| 5 | 3 |
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| Number of motorcycle and boat loans | 8 | 12 |
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| Number of student loans | 18 | 30 |
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| Number of 2nd mortgages | 25 | 20 |
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| Number of construction loans | 1 | 2 |
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