Common ratio
If 200 units of a commodity are consumed in the first year, and if the annual rate of increase in consumption is 5%
(a) what amount is consumed in the 8th year;
(b) in the first 15 years?
(a) what amount is consumed in the 8th year;
(b) in the first 15 years?
Correct answer:

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algebrabasic operations and conceptsUnits of physical quantitiesGrade of the word problem
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