
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
Given a product that increased in price by 5% in 2002 compared to 2001, increased again by 10% in 2003 compared to 2002, and decreased by 12% in 2004 compared to 2003, calculate the percentage change in the price in 2004 compared to 2001.

Present the answer in LaTex format: \boxed{Your answer}
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