Mrs Bean bought a business at the start of 2006 The business was then valued at £30 000 Since Mrs Bean's takeover, the business has consistently achieved a 2% yearly increase in value. a) Work out the value of the business at the start of 2018 Give your answer correct to the nearest £100 Another business was valued at £80 000 at the start of 2013 In 5 years the value of this business raised to £95000 This is equivalent to a yearly increase of x%. b) Find the value of x. Give your answer correct to 2 significant figures.
Mrs Bean bought a business at the start of 2006 The business was then valued at £30 000 Since Mrs Bean's takeover, the business has consistently achieved a 2% yearly increase in value. a) Work out the value of the business at the start of 2018 Give your answer correct to the nearest £100 Another business was valued at £80 000 at the start of 2013 In 5 years the value of this business raised to £95000 This is equivalent to a yearly increase of x%. b) Find the value of x. Give your answer correct to 2 significant figures.
Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
ChapterP: Preliminary Concepts
SectionP.CT: Test
Problem 1CT
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Mrs Bean bought a business at the start of 2006
The business was then valued at £30 000
Since Mrs Bean's takeover, the business has consistently
achieved a 2% yearly increase in value.
a) Work out the value of the business at the start of 2018
Give your answer correct to the nearest £100
Another business was valued at £80 000 at the start of 2013
In 5 years the value of this business raised to £95 000
This is equivalent to a yearly increase of x%.
b) Find the value of x.
Give your answer correct to 2 significant figures.
P Type here to search
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