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Does the expression 1.016x represent a percent increase greater than 12% if the original amount is x?

Does the expression 1.016x represent a percent increase greater than 12% if the original amount is x?
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Does the expression 1.016x represent a percent increase greater than 12% if the original amount is x?

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User Jrichner
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1 Answer

7 votes
No, it only represents a 1.6% increase. 
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User Idra
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8.8k points
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