Question

What single decimal multiplier would you use to increase by 4% followed by a 3% increase? plz help

Answer 1

Answer:

The single decimal multiplier that I will use to increase by 4% followed by a 3% increase is 1.0712

Step-by-step explanation:

Let

x ----> the number

Remember that

$100\%+4\%=104\%=104/100=1.04$

$100\%+3\%=103\%=103/100=1.03$

we know that

Increase a number by 4% followed by a 3% increase is the same that multiply the number for (1.04)(1.03)

so

$x(1.04)(1.03)=1.0712x$

therefore

The single decimal multiplier that I will use to increase by 4% followed by a 3% increase is 1.0712