Question

What is the formula for a yearly decreasing constant percentage?

Answer 1

Answer:

You subtract the current year's number from last year's number, then divide that result by last year's number and multiply by 100. If it's negative, then this result is the percentage that metric declined for the year. A positive number is an increases

You subtract the current year's number from last year's number, then divide that result by last year's number and multiply by 100. If it's negative, then this result is the percentage that metric declined for the year. A positive number is an increase.