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OpenStudy (anonymous):
Hey guy's HELP me, This is CONFUSING for me.. PLEASE HELP! MEDAL+FAN Determine the growth factor corresponding to 1% increase. a. 1 c. 1.10 b. 1.001 d. 1.01
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OpenStudy (anonymous):
I did 1-0.01 and the result is 0.99 :/
OpenStudy (anonymous):
\(1\%=.01\) to increase a number by \(1\%\) multiply it by \(100\%+1\%=101\%=1.01\)
OpenStudy (anonymous):
it says INCREASE, not decrease
OpenStudy (anonymous):
Oh that's why, thanks sir.
OpenStudy (anonymous):
yw
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