Question

Mrs Newton's savings drop in value by 40% in the first year, fall by 40% in the second year and increase by 80% in the third year. (i) She starts with £100. How much are her savings worth after three years?

Answer 1

Answer:

₤100

Step-by-step explanation:

In the first two years the savings dropped a total of 80% and in the third year rebounded back 80% which would level it out.