What is the final amount if 1885 is increased by 5% followed by a further 18% increase

Question

asked Jun 17, 2021 216k views

1 Answer

Palapapa · Answer 1 · 2021-06-22T11:57:06+0000

9514 1404 393

Answer:

2335.515

Explanation:

The first increase multiplies the original amount by 1 + 5% = 1.05.

The second increase multiplies the already increased amount by 1 + 18% = 1.18.

Then the final amount is ...

1885(1.05)(1.18) = 2335.515