These are easy questions, but I can't get the same answer as the textbook (either I'm retarded or the textbook is):
1. In 1976, 500 students entere for a particular examination. This number increased each year by 20% of the number who had entered in the previous year. Calculate the number who entered in 1981.
2. The value of a motor car when new is $8000. Its value depreciates each year by 15% of its value at the beginning of that year. After how many years will its value be $4000. (Answer is written as between a and b years).
1. In 1976, 500 students entere for a particular examination. This number increased each year by 20% of the number who had entered in the previous year. Calculate the number who entered in 1981.
2. The value of a motor car when new is $8000. Its value depreciates each year by 15% of its value at the beginning of that year. After how many years will its value be $4000. (Answer is written as between a and b years).