Last tutor told me divide growth percentage by 100 so I believe it is 104
1 answer:
Answer
Option A is correct.
The growth rate is 1.04
Explanation
Growth rates are usually put down or calculated by adding the rate of increase to 100% and then expressing the result as a decimal.
100% + 4% = 104%
104% = (104/100) = 1.04
Hope this Helps!!!
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