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Mathematics, 07.09.2021 23:00 india73

The library at a certain university reported that journal prices had increased by 160% over a period of 10 years. The report concluded that this represented a price increase of 16% each year. If journal prices had indeed increased by 16% each year, what percentage increase would that give over 10 years? (Round your answer as a percentage to the nearest whole number.)

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