chiodoc3110
chiodoc3110 chiodoc3110
  • 16-01-2018
  • Mathematics
contestada

If prices increase at a monthly rate of 3.7​%, by what percentage do they increase in a​ year?

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altavistard
altavistard altavistard
  • 16-01-2018
That would be 1.037^12, or 1.456, or about 45.6% per year. 
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