Let the hall be A=1. For 3 hours 16 people can decorate the hall. Then P1=A\(t1.number people1) P=1/48. That is for 1 person. You have 24 people to decorate the same hall. Their P2 will be (1/48).24=1/2. t2=A/P2=2 hours
The value of the year at the end of 2025 will be given by: A=P(1+r/100)^n where: A=future value P=principle r=rate n=number of terms hence for the data given; p=35000 R=5.5 n=(2025-2017)*2=16 Thus A=35000(1+5.5/100)^16 A=$82, 434. 20