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5 votes
What single decimal multiplier would you use to decrease by 1% followed by a 1% increase

1 Answer

5 votes

Answer:

0.9999

Explanation:

Original: 1

decrease by 1%: 1 * (1 - 0.01) = 0.99

followed by a 1% increase: 0.99 * ( 1 + 0.01) = 0.99 * 1.01 = 0.9999

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