Consider this meme found on social media. Is this statement accurate? Write a paragraph and do some math to justify your answer. "If you improve by 1% everyday, within a year you will have improved by 365%."

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 105E
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Consider this meme found on social media. Is this statement accurate? Write a paragraph and do some math to justify your answer. "If you improve by 1% everyday, within a year you will have improved by 365%." 

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