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28 November, 07:15

If prices increase at a monthly rate of 3.7 %, by what percentage do they increase in a year?

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  1. 28 November, 07:39
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    It would be 44.4% per yeaar
  2. 28 November, 07:41
    0
    That would be 1.037^12, or 1.456, or about 45.6% per year.
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