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Repeated Percentage Change

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Question 5
55%

A collector estimates that the value of a classic car increases by r% r\%\,r% each year.

The value is expected to increase by 45% over 8 years. Work out the value of rrr.

Give your answer to 1 decimal place.

[3]

Repeated Percentage Change Questions

  1. GCSE
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  3. /Repeated Percentage Change