What is the growth factor that corresponds to a product that increases its value first by 2%, and then increases by 5% of its value, and finally increases by 12% of its value? Round to the tenths place.

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What is the growth factor that corresponds to a product that increases its value first by 2%, and then increases by 5% of its value, and finally increases by 12% of its value? Round to the tenths place.

Mathematics
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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An amount starts as 100%. If it increases by 2%, that means the amount becomes 102% of what it was. When it increases by 5%, it becomes 105% of what it was. The same happens with 12%, and it beomes 112% of what it was. Therefore, the increases of 2%, 5%, and 12% are the same as: 1.02 * 1.05 * 1.12

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