Question

12. An investment of 40,000 suffered a loss of 5% for
two consecutive years before gaining at 10% p.a.
thereafter. Find the value of the investment 3 years
later.​

Answer 1

Step-by-step explanation:

1st yr gain is 10%

thn you have =44000

2nd yr loss is 5%

thn you have =41800

3rd yr loss is 5%

thn you have =39710

value is 39710