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 Commercial Arithmetic 2 Video Questions and Answers

A plot of land was valued at sh.50,000 at the start of 1994.It appreciated by 20% during 1994.Thereafter,Every year,it appreciated by 10% of its previous year’s value.Find:
(a)the value of the land at the start of of 1995
(b)the value of the land at the end of 1997

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