" + 4% " means that you multiply by 1.04

The correct answer is

7239.0864 , which rounds to 7239.09

Megan W.

asked • 06/12/196960.66 + 4% = 7,239.09

I was told this is wrong and I should have done the math like this:

6960.66 divided by .96 = 7250.68

Why is this? Is the person who is telling me this wrong? I've never heard of doing percentages that way.

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" + 4% " means that you multiply by 1.04

The correct answer is

7239.0864 , which rounds to 7239.09

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