Question

what does 1.04k mean

Answer 1

$k = 1000 \\ \\ 1.04k \\ \\ = 1.04 \times 1000 \\ \\ = \frac{104}{100} \times 1000 \\ \\ = \frac{104}{ \cancel{100}} \times 10 \cancel{00} \\ \\ = 104×10 \\\\ = 1040$

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Answer 2

Answer:

=1.04×1000

=100104×1000

=100104×1000

=104×10=1040