AN Tutor's answer to D's Addmath Malaysia question.
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Just keep repeating the formula. Hope this helps! Let me know if you need any clarification :)
Date Posted:
6 years ago
I dont understand it. Could you use the formula ? Im sorry :(
The company increases its operating expenses by 1% each month, meaning 2nd month is (100+1) % of 1st month. And 3rd month is (101%) of 2nd month.
Just keeping applying the formula of 101% of the previous month to find the next month.
Just keeping applying the formula of 101% of the previous month to find the next month.
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