MCR3U Introduction To The Multiplier Friday April 9th, 2010
MCR3U Introduction To The Multiplier Friday April 9th, 2010
MCR3U Introduction To The Multiplier Friday April 9th, 2010
Friday April 9th, 2010
Problem # 1: My antique apple peeler increases in value by
20% every year. If it has a value of $100 today, what will it be
worth in 10 years?
How about it the apple peeler was originally worth $200 and increased in value by 15% each
year? What would be worth in 25 years?
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Problem # 2 My performance bikes loses 4% of its value every year.
If it is worth $1 000 today, what will it be worth in 10 years?