The population of a city increases by 1% per year. What should we multiply the current population by to find the next year's population in one step?Answer:
Q. The population of a city increases by 1% per year. What should we multiply the current population by to find the next year's population in one step?Answer:
Identify Population Increase: Identify the percentage increase in population per year.The population increases by 1% per year.
Convert to Decimal: Convert the percentage increase to a decimal to use in multiplication.1% as a decimal is 0.01.
Find Multiplication Factor: Add the decimal increase to 1 to find the multiplication factor.The multiplication factor is 1+0.01.
Perform Addition: Perform the addition to find the multiplication factor. 1+0.01=1.01.
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