Dating Made Easier
If a sum invested gains 10% each year how long will it be before it has doubled its value?
If an object depreciates in value by 10% each year how long will it take until only half of the original value remains?
Why aren’t these two answers the same?
Is there a rate, used for both gain and depreciation, for which those two answers would actually be the same?
See the notes for teachers and solution and also http://nrich.maths.org/5636
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