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Mathematics

Answered

A stamp gets more expensive each year. It increases in value by 60 % each year. Wha
is the growth FACTOR?

Answer :

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9514 1404 393

Answer:

1.60

Step-by-step explanation:

The growth factor is 1 more than the growth rate:

1 + 60% = 1 + 0.60 = 1.60 = growth factor

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