SOLUTION: In each of three successive years, the cost of living increased by 10%. What is the per- centage increase of the three years?
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Question 1142212
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In each of three successive years, the cost of living increased by 10%. What is the per-
centage increase of the three years?
Answer by
Boreal(15235)
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Year 1 will be 1.1 fold
Year 2 will be 1.1^2 or 1.21 fold
year 3 will be 1.1^3=1.331
33.1%