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Mathematics for IGCSE & O level - Percentages (Section 6 - No. 47)

What will be the value of Martin's shares after 10 years if he had shares worth $8000 and they increased in value by 7.5% each year?
$16400
$16200
$16180
$16197

Vysvětlení

A = P(1 + r/100)^n = 8000 * (1 + 7.5/100)^10 = $16197.06

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