What is the initial value of the boat that Chow bought?
Repeated Percentage Change in Real-World Scenarios
Interactive Video
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Mathematics, Business
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10th - 12th Grade
•
Hard
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The video tutorial explains how to calculate the depreciation of a boat's value over three years using compound interest. It also covers how to determine the original salary before a percentage increase. The tutorial emphasizes the importance of understanding compound calculations and avoiding common errors, such as assuming a starting value of 100% when it has already been adjusted.
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7 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How much does the value of the boat depreciate each year?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the formula used to calculate the value of the boat after three years?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the final value of the boat after three years, rounded to the nearest Hong Kong dollar?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What was Jelena's salary after the 5% increase?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
How do you calculate the original salary before the 5% increase?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
What is Jelena's original salary before the increase?
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