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two unemployed mem decided to start a buissiness.they pooled in their savings to 2000.rate is 500% in 3 years...find amount in 18 years
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- 50 per cent every three years So after 18 years --------> 50 % 6 times
2,000 ----- 50%-------> 3000
3,000 ----- 50%-------> 4500
4500 ----- 50%-------> 6750
6750 ----- 50%-------> 10125
10125 ----- 50%-------> 15187.5
15187.5 ----- 50%-------> 22781.25
- 13 years agoHelpfull: Yes(3) No(2)
- 500% per 3 years , time is 18 years or six 3-years(6*3=18)
amount= 2000*(1+500%)*6= 2000*6*6= ans - 13 years agoHelpfull: Yes(3) No(2)
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