Give your answer as a percentage, accurate to three decimal places. Your account value grows by 4% this year. What percentage gain do you need next year in order to: have a total of 10% growth? % average 10% growth per year? % What percentage loss can you take next year and still break even?
Give your answer as a percentage, accurate to three decimal places. Your account value grows by 4% this year. What percentage gain do you need next year in order to: have a total of 10% growth? % average 10% growth per year? % What percentage loss can you take next year and still break even?
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 27SBE: Round each percentage increase or decrease that you calculate to the nearest tenth of a percent....
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Give your answer as a percentage, accurate to three decimal places.
Your account value grows by 4% this year. What percentage gain do you need next year in order to:
have a total of 10% growth? %
average 10% growth per year? %
What percentage loss can you take next year and still break even?
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