nunezla1 nunezla1
  • 02-08-2017
  • Mathematics
contestada

If prices Increase at a monthly rate of 1.4
%, by what percentage do they increase in a year?

Respuesta :

irspow
irspow irspow
  • 02-08-2017
(1+1.4/100)^12

1.014^12

1.181559

So they increase by about 18.16% per year  (to nearest hundredth of a percent)


Answer Link

Otras preguntas

Use the context clues to figure out the meaning of the simile "sleeps like a dolphin." My new baby sister sleeps like a dolphin. She plays all day, and all nigh
Can you please help me with this ASAP!
I think I got one but I’m not sure about any others ?
BRAINLY will be given to best answer. THANK YOU. I greatly appreciate the help.
Gundy Company expects to produce 1,308,000 units of Product XX in 2020. Monthly production is expected to range from 73,000 to 107,000 units. Budgeted variable
Why do people post Khan Academy questions here?
Why were slave families sometimes separated?
Which of the following is NOT a consideration when determining your asset allocation? A. Time horizon B. Personal financial health C. Risk tolerance D. Portfoli
who helped african americans on their journey in the underground railroad?
The sun has six layers (or regions). What is the name of the innermost region