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Mrs Bean bought a business at the start of 2006
The business was then valued at £30 000
Since Mrs Bean's takeover, the business has consistently
achieved a 2% yearly increase in value.
a) Work out the value of the business at the start of 2018
Give your answer correct to the nearest £100
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Another business was valued at £80 000 at the start of 2013
In 5 years the value of this business raised to £95 000
This is equivalent to a yearly increase of %.
b) Find the value of x.
Give your answer correct to 2 significant figures.
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