A quantity increases by 7% for each of 10 years. What is its percentage increase over the 10-year period? (Round your answer to two decimal places.)  %

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter4: Exponential Functions
Section4.2: Constant Percentage Change
Problem 29SBE: Round each percentage increase or decrease that you calculate to the nearest tenth of a percent....
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A quantity increases by 7% for each of 10 years. What is its percentage increase over the 10-year period? (Round your answer to two decimal places.)
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