Compound Interest Practice Test 1

Question : 35 of 40

Marks: +1, -0

A tree increases annually by

1 /8

th of its height. What will be its height after 2 years, if it stands today 64 cm high?

Solution:

P = 64; R =

1/8

th; T = 2 years.

64(1+1/8)^2

=64×9/8×9/8=81cm

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