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Question Number 39171 by Rio Mike last updated on 03/Jul/18
Giventhaty=3x4andxincreasesattherateof34%.findthepercentageincreaseiny.[hint:usingBionomialmethod]
Answered by MrW3 last updated on 03/Jul/18
y(1+β)=3x4(1+α)4β=(1+α)4−1=4α+6α2+4α3+α4withα=0.34⇒β=2.22=222%
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