Question

mrs bean bought a business at the start of 2006 the business was then valued £30000 Since Mrs Beans takeover, the business gas consistently achieved a 2% yearly increase in value. Workout the value of the business at the start of 2018. give your answer correctly to the nearest £100

Answer 1

Answer:

38000(Rounded to nearest 100)

Step-by-step explanation:

2018-2006=12 30000X1.02^12 =38047.2538