Answer:
Step 1(Base step) − It proves that a statement is true for the initial value. Step 2(Inductive step) − It proves that if the statement is true for the nth iteration (or number n), then it is also true for (n+1)th iteration ( or number n+1).
Step-by-step explanation:
Let the number be 'x'.
Three times a number will then give 3x
Therefore the equation will be:
3 years
15 = 250(0.06)
45/15 = 3