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)

	Quarter 1	Quarter 2	Show your work	Percent Change
Number of mortgages	14	19
Number of car loans	20	15
Number of small business loans	5	3
Number of motorcycle and boat loans	8	12
Number of student loans	18	30
Number of 2nd mortgages	25	20
Number of construction loans	1	2