Circle M has a radius of length 5 inches. A tangent is drawn from exterior point Q to point N on circle M as shown. If QN= 11 in
ches, determine the measure of
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You can work out the percentage change and that would help you work out the rate of appreciation :)
The formula is ((new value - old value)/old value) * 100.
So you do
Therefore the rate of appreciation is 8% p/a.