a quanity increases by 6.50% every 3 months. by what percent does it increase.. one month?? one year??
To determine the percentage increase in one month and one year, we first need to calculate the percentage increase per month.
Given that the quantity increases by 6.50% every 3 months, we can find the monthly percentage increase as follows:
Monthly percentage increase = (6.50% / 3) = 2.1667%
Now we can calculate the percentage increase in one month:
Percentage increase in one month = 2.1667%
To calculate the percentage increase in one year, we need to consider that there are 12 months in a year. So we can multiply the monthly percentage increase by 12:
Percentage increase in one year = 2.1667% * 12 = 26%
Therefore, the quantity increases by 2.1667% in one month and 26% in one year.