Value of property increses at 2% every quater.What is the annual increase?
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Value increased every quarter is 2%
A year has 3 quarters,
Therefore, value increased anually is 2×3 = 6%
A year has 3 quarters,
Therefore, value increased anually is 2×3 = 6%
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Step-by-step explanation: A quarter means 4 months n in a complete one year there is only 3 quarters n hence percentage increase annually is 6 percent.
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