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1985 AMC 8 Question 21

AMC8 · 1985 AMC 8

Question 21

Mr. Green receives a $10\%$ raise every year. His salary after four such raises has gone up by what percent?
  1. less than $40\%$
  2. $40\%$
  3. $44\%$
  4. $45\%$
  5. more than $45\%$