Question

Convert 3% increase into a multiplier

Answer 1

1.03

Explanation:

original value is 3/100

if our value is 1 then increased by 3% = 1 + 3/100

we then increase the value of our original, 3%= 1+ 0.03

then again, 3%= 1.03

1.03

Answer 2

1.03

Explanation:

3÷100= 0.03

to multiply add 1

multiply by 1.03