State whether the following statement is true or false, and explain why. If the statement is false, state the true change. If the price of avocados increases by 30% for four consecutive months, then the price of avocados increased by 120% over the four-month period. Choose the correct answer below and fill in the answer box to complete your choice.
State whether the following statement is true or false, and explain why. If the statement is false, state the true change. If the price of avocados increases by 30% for four consecutive months, then the price of avocados increased by 120% over the four-month period. Choose the correct answer below and fill in the answer box to complete your choice.
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter2: Solving Equations
Section2.5: Solving Equations Using Addition Or Subtraction
Problem 29E
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State whether the following statement is true or false, and explain why. If the statement is false, state the true change.
If the price of avocados increases by 30% for four consecutive months, then the price of avocados increased by 120% over the four-month period.
Choose the correct answer below and fill in the answer box to complete your choice.
The statement is true because 4×30%=120%4×30%=120%.
The statement is false because each year there is a different reference value.
The statement is false because each year there is a different reference value.
What percentage did the avocados increase by?
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