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What single multiplier would I use to increase a amount by 3%

What single multiplier would I use to increase a amount by 3%
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What single multiplier would I use to increase a amount by 3%

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User Dax
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Basically you are multiplying this amount by 1 and also by 0.03 and adding together the two products.  This results in (1.03) times the amount.
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User Paul Syfrett
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