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?

Respuesta :

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

Otras preguntas

ethnic is mostly based upon 1.pride 2. equality 3. independence 4.commonality
When a company's revenue is greater than its expenses, it means that?
There are two verb tense errors in this paragraph. Correct them: Indeed, whilst the Chinese allegedly strapped prisoners onto kites in the sixth century, and E
Research has demonstrated that married people are at less risk for depression, suicide, and early death than single people. this finding suggests that
Which variable in a person with coronary artery disease increases the likelihood of a strong genetic influence in its expression?
How soon after eating contaminated food, do the food poisoning symptoms kick in?
Which is an example of Tom's ability to use his wit and cunning to his own advantage?   A. his giving Aunt Polly's cat, Peter, some of the pain killer and ca
Set of scores ranges from a high of x = 72 to a low of x = 28. if these scores were put in a grouped frequency distribution table, what would be the best choice
A teratogen is any agent or condition that increases the risk for _____. a. extra chromosomes b. damage to the placenta c. prenatal abnormalities d. male infert
WHAT IS THE RELATIONSHIP BETWEEN EXPONENTIAL AND LOGARITHMIC FUNCTIONS? WHAT IS AN EXAMPLE OF AN EXPONENTIAL FUNCTION AND ITS INVERSE? GIVE A REAL LIFE EXAMPLE.