( 732,178 + 167 ) = 899,178
899,178 - 542,137 = *357,041 that's the last result.
Answer:
Step-by-step explanation:
a ) The worth of Jean-Claude's gnome after 1 year
= 80000 x 1.02
= £81600
b ) common ratio of geometric progression
= 81600 / 80000
= 1.02
c ) worth after 10 years
= 80000 x 1.02¹⁰
= 80000 x 1.21899
= £97519.55
d )
120000 = 80000 x
1.5 = 
ln1.5 = k ln 1.02
k = ln 1.5 / ln 1.02
= .4054 / .0198
= 20.47 years .
52=24 + b
to find b, you just subtract (52-24)
28 to 24 is our ratio
we can simplify this (just like fractions!) since both are even, let’s do it by 2!
28/2 = 14 and 24/2 = 12
simplify once more and you get our ANSWER: 7:6
The percent it needs to.grow each year is.4 percent because the investment wants.to.increase by factor.of.5. in 20 years. 20 divided by 5 would 4 percent each year.