Question

What single decanal multiplier should you use to increase a value by 4% followed by a 3% increase for a total increase of 10%?

A. 1.04 and 1.03
B. 1.07
C. 1.10
D. 1.12

Answer 1

To increase a value by 4% and then 3% for a total increase of 10%, you need to use the multipliers 1.04 and 1.03.

Step-by-step explanation:

To increase a value by 4% and then 3% for a total increase of 10%, you need to multiply the value by two multipliers. The first multiplier should be 1.04 to increase the value by 4%, and the second multiplier should be 1.03 to increase the resulting value by 3%. Therefore, the correct answer is A. 1.04 and 1.03.