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notka56 [123]
3 years ago
15

If prices increase at a monthly rate of 3.9%, by what percentage do they increase in a year?

Mathematics
1 answer:
kykrilka [37]3 years ago
8 0
If it increases at 3.9% a month, then in a year it increases 46.8%. 
This is because a year has 12 months and so take 3.9(12)=46.8
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