Respuesta :
Answer:
1. Town IV
2. Town V
Step-by-step explanation:
To find the town decreasing or growing fastest, let’s have the same value of years
Mathematically, we can write the values as follows;
P = I(1 + r)^t
where r is the growth percentage;
i. 1000(1 + 0.08)^t
ii 2500(1-0.1)^t
iii 800(1-0.22)^t
iv 600(1 + 0.12)^t
v 1200(1 + 0.185)^t
vi 2000(1-0.01)^t
Now the term that grows fastest have the highest value of r. That is the highest positive value attached to 1 while the one that grows slowest has the highest negative value subtracted from 1
For the first set of questions, out of all the options, answer is town V
It is the only positive r, all others are decreasing
For the second question, answer is town iii, it has the biggest negative value for r
Answer:
For the first question it is: a. ii
For the second question it is b. V
Step-by-step explanation: