Solved: Of journal prices had indeed increased by 15 each year what, Mathematics

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Of journal prices had indeed increased by 15 each year what

The library at a certain university reported that journal prices had increased by 150% over a period of 10 years. The report concluded that this represented price increase of 15% each year. Of journal prices had indeed increased by 15% each year, what percentage increases would that give over 10 years?

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Mathematics: Of journal prices had indeed increased by 15 each year what

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