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Jim's internet company is planning on raising their prices by 4%. Jim's service currently cost $40, what will the plan cost after the 4% increase?

Verified Answer :

$41.60

By adding the original $
40 to the extra 4% (40×0.04), you get $41.60

£41.60                                                                                                                                                   
40+4%(£1.60)=£41.60