document.write( "Question 1146835:  I am trying to determine whether or not this statement makes sense and please explain.
\n" );
document.write( "\"Gas prices jumped by 1% in January and 1% in February, so the increase in gas prices over the two months was 2%.\" \n" );
document.write( "
| Algebra.Com's Answer #768127 by ikleyn(52879)     You can put this solution on YOUR website! . \n" ); document.write( " \r\n" ); document.write( "\r\n" ); document.write( "The statement is INCORRECT.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "The increase in gas prices over the two months was\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " ((1+0.01)*(1+0.01)-1)*100 = 2.01%.\r\n" ); document.write( "\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |