For example, if your favorite soft drink rose in price from $4 to $7, the absolute change is $7 minus $4 = $3. The relative change = . This means that the price increased by 75% when it rose from $4 to $7.

2. Repeat this process, comparing results for 6% and 7%.

a) 7% interest

b) 6% interest

c) Absolute change

d) Relative change, from the 7% answer to the 6% answer 11%