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MCR3U Introduction To The Multiplier Friday April 9th, 2010

The document contains two problems about calculating value changes over time using percentages. Problem 1 asks what a $100 antique apple peeler worth increasing by 20% per year would be worth in 10 years, and what a $200 apple peeler increasing by 15% per year would be worth in 25 years. Problem 2 asks what a $1000 performance bike losing 4% value per year would be worth in 10 years.

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48 views

MCR3U Introduction To The Multiplier Friday April 9th, 2010

The document contains two problems about calculating value changes over time using percentages. Problem 1 asks what a $100 antique apple peeler worth increasing by 20% per year would be worth in 10 years, and what a $200 apple peeler increasing by 15% per year would be worth in 25 years. Problem 2 asks what a $1000 performance bike losing 4% value per year would be worth in 10 years.

Uploaded by

api-25935812
Copyright
© Attribution Non-Commercial (BY-NC)
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Download as PDF, TXT or read online on Scribd
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MCR3U Introduction to The Multiplier

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?

1
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?

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