If prices increase at a monthly rate of 3.7 3.7%, by what percentage do they increase in a year?

asked Nov 6, 2019 150k views

3 votes

If prices increase at a monthly rate of

3.7
3.7%, by what percentage do they increase in a year?

by Audi

9.1k points

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2 votes

Answer: If the prices increase 3.7% each month, then they would increase 44.4% in a year.

Explanation: 3.7 * 12 = 44.4

Ramanujan answered Nov 13, 2019

8.1k points

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