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 Commercial Arithmetic 2 Video Questions and Answers

At the beginning of the year 1998,Kanyingi bought two houses ,one in Thika and the other in one in Nairobi ,each at ksh 1,240,000.The value of the house in Thika appreciated at the rate of 12% p.a.
(a)Calculate the value of the house in Thika after 9 years,to the nearest shilling
(b)After n years ,the value of the house in Thika was ksh 2,741,245 while the value of the house in Nairobi was ksh 2,917,231.
(i)Find n
(ii)Find the annual rate of appreciation of the house in Nairobi.

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