Question

Find the growth factor when 700 is increased by 32%. What is the growth factor?

A. 1.32
B. 0.68
C. 1.44
D. 0.56

Answer 1

The growth factor when 700 is increased by 32% is 1.32.

Step-by-step explanation:

To find the growth factor when 700 is increased by 32%, we first need to calculate the actual increase. The increase is found by multiplying 700 by 0.32: 700 * 0.32 = 224.

Then, to find the growth factor, we add the increase to the original value and divide by the original value:

Growth factor = (Original value + Increase) / Original value = (700 + 224) / 700 = 1.32.

Therefore, the growth factor is 1.32.