Question

What single decimal multiplier would you use to increase by 1% followed by a 1% increase?

Answer 1

1%. is 1/100 = 0.01 therefor it would be multiply by 1.01 for 1% increase then multiply by 1.01 again for the next 1% increase

Answer 2

The single decimal multiplier would you use to increase by 1% followed by a 1% increase is 1.0201.

We have to determine

What single decimal multiplier would you use to increase by 1% followed by a 1% increase?

According to the question

Here the increase in 1% means;

$= 1 \times (1+\dfrac{1}{100})\\ \\ = 1\times (\dfrac{100+1}{100})\\ \\ = 1\times (\dfrac{101}{100})\\ \\ = 1 \times 1.01\\ \\ = 1.01$

Therefore,

The single decimal multiplier would you use to increase by 1% followed by a 1% increase is;

$= 1.01 \times (1+\dfrac{1}{100}\\ \\ = 1.01 \times \dfrac{100+1}{100}\\ \\ = 1.01 \times \dfrac{101}{100}\\ \\ = 1.01 \times 1.01\\\\ = 1.0201$

The multiplier shortcut is very handy if you want to chain together multiple percentage increases.

Hence, The single decimal multiplier would you use to increase by 1% followed by a 1% increase is 1.0201.

To know more about Decimal click the link given below.

https://brainly.com/question/14530758