12
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Question 12 • Financial Math - MA2007 CR

The projected number of employed writers and authors in 2016 is 153,000. 12.4% of those will have some college experience but no degree, and 84.1% will have a bachelor’s degree or higher. If this holds true, how many more writers and authors with bachelor’s degree will there be than those with only some college experience and no degree?

Answer
A
147,645
B
109,701
C
134,028
D
128,673

Explanation

The difference between the two groups is 84.1% − 12.4% = 71.7% of the projected 153,000 writers and authors. Calculating 0.717 × 153,000 gives 109,701. So there will be 109,701 more writers and authors with a bachelor’s degree or higher than with some college experience and no degree; this is choice b.

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