initial value = 45
final value = 59
To get the percent change, we will apply the formula:
[tex]percent\text{ change = }\frac{final\text{ value -initial value }}{initial\text{ value}}\times\text{ 100}[/tex][tex]percent\text{ change = }\frac{59-45}{45}\text{ }\times\text{ 100}[/tex][tex]\begin{gathered} percent\text{ change = }\frac{14}{45}\times\text{ 100} \\ percent\text{ change = 0.3111}\times100 \\ Percent\text{ change = 31.11\% } \\ \\ Percent\text{ change = 31\% \lparen nearest percent\rparen} \end{gathered}[/tex]