Using decimal multipliers, it is found that a rate of return of 5.2% in the third year will produce a cumulative gain of 16%.
The <u>decimal multiplier</u> for a increase of a% is given by:

In this problem, two increases of 5%, thus:

Another of x, that we want to find, and the result is a increase of 16%, thus:

The three increases(5%, 5% and x%) result in a increase of 16%, thus:



1.052 - 1 = 0.052
A rate of return of 5.2% in the third year will produce a cumulative gain of 16%.
A similar problem is given at brainly.com/question/21806362
Answer: 820/17 lol
Step-by-step explanation: coz I juss know
Hi! Could you type the question out.
Answer:
option c is correct answer
Answer:
i don't understand this and i'm in high school how is this possible????????????
Step-by-step explanation: