Now April 24, 2024 is the time of this research. And on that date, the price of gold was $2,323 an ounce according to bing.com. So the percent of the increase in the price of gold during that 50 year time span can be computed in the following way according to bing.com. Now April 24, 2024 is the time of this research. And on that date the price of gold was $2,323 an ounce according to bing.com. So the percent of increase in the price of gold during that 50 year time span can be computed in the following way according to bing.com.
Write down the
starting value
and the end value. So that would be $155 and $2,323.
Find
the size of the increase
by subtracting the starting value from the end
value. So that would be $2,323 – $155 which = $2,168.
Divide
the
answer by the starting value. So that is $2,168 divided by $155 which =
$13.98.
Multiply
the result by 100. So $13.98 X 100 = 1,398%
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