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adoni [48]
3 years ago
6

a store is inplementing a 5% increase on all of their prices. write both the decimal and the fraction equivalent to the increase

Mathematics
1 answer:
Basile [38]3 years ago
5 0

Answer:

0.05 decimal and 1/20 as fraction

Step-by-step explanation:

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After 1st year: 250$:100%=x$:116%, 250$*116%=x$*100%, x=(250*116)/100=290$. After 1st year I will have 290$
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After 3rd year I will have (336.4*116)/100=390.224$
After 4th yr: (390.224*116)/100=452.65984$
After 5th yr: (452.65984*116)/100=525.085$
After- 6th yr: 609.1$, 7th yr: 706.556$, 8th yr: 819.605$, 9th yr: 950.742$
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After 18 years I will have 3615.63$.
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