Here are the answers and walkthrough to Stupid Test Level 3 Question 2 – A man started business with a capital of $2,000.00, and increased his wealth by 50 per cent every three years. How much did he possess aL the expiration of 18 years?

• Use 50% interest over six periods, Thus Interest=$2,000.00*(1+(50%/100)^6=$22,781.25

Answer

• $22,781.25

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