Answer:
370 stores
Step-by-step explanation:
Given data
initial number of stores P= 200
r= 8%
t= 1999-2007= 8 years
Let us apply the compound interest expression to find the final amount of stores
A= P(1+r)^t
A= 200(1+0.08)^8
A= 200(1.08)^8
A= 200*1.85
A=370
Hence the number of stores in 2007 is 370 stores
2.10 is the answer to the nearest 10th
Answer:
2/9
Step-by-step explanation:
After Caroline's share,
1 - 1/9 = 8/9 is left
Sarah gets:
1/(1+3) of 8/9
1/4 × 8/9
2/9
So subtract 55 from 35
35 - 55 = -20
then, put -20 over 55
-20/55 equals -0.36 repeating, rounded to -0.36, which equals 36%
the negative stands for decrease, so it's around 36% decrease