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luda_lava [24]
3 years ago
12

The price of a certain amount of goods and services a year back was $200. If price increased by 4 percent during the year, how m

uch money is required to buy the same amount of goods today?
Mathematics
1 answer:
kipiarov [429]3 years ago
3 0
Multiply original price by (1 + %)

=$200 * (1 + 4%)
=$200 * (1 + 0.04)
=$200 * (1.04)
=$208

ANSWER: $208 is required to buy the same amount of goods today.

Hope this helps! :)
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