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29 September, 02:13

What is the final amount if 700 is increased by 4% followed by a further 3% increase? Give your answer rounded to 2 DP.

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Answers (2)
  1. 29 September, 02:35
    0
    749.84

    Step-by-step explanation:

    Find the new amount after the first increase

    700 *.04

    28

    Add that to the original amount

    728

    Now find the second increase

    728 *.03

    21.84

    Add that to 728

    728+21.84

    749.84
  2. 29 September, 02:36
    0
    749.84

    Step-by-step explanation:

    700*1.04*1.03 = 749.84
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