Answer:
Answer: 749.84
Step-by-step explanation:
• For 4% increment
[tex] = { \rm{ \frac{(100 + 4)}{100} \times 700 }} \\ \\ = { \rm{ \frac{104}{100} \times 700}} \\ \\ = { \rm{728}}[/tex]
• For the 3% increment
[tex] = { \rm{ \frac{(100 + 3)}{100} \times 728}} \\ \\ = { \rm{ \frac{103}{100} \times 728 }} \\ \\ = { \rm{749.84}}[/tex]
