Answered

Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Discover solutions to your questions from experienced professionals across multiple fields on our comprehensive Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

What is the final amount if 660 is increased by 1% followed by a further 1% increase? Give your answer rounded to 2 DP.

Sagot :

Tundexi

Answer:

$673.27

Step-by-step explanation:

Initial amount = $660

1% Increase = $660*(1+1%)

1% Increase = $660+$6.6

1% Increase = $666.6

Further 1% Increase = $666.6*(1+1%)

Further 1% Increase = $666.6 + $6.666

Further 1% Increase = $673.266

Further 1% Increase = $673.27

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.