January 1993 form DECI investments which had a bright future The shares

January 1993 form deci investments which had a bright

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January, 1993 , form DECI investments which had a bright future. The shares appreciated in value at 7% per annum for 3 years. Later it was hard hit by economic recession and its shares started depreciating. It depreciated at the rate of 5% per annum during the next two years, then by 7% per annum for the years that followed. Daniel noticing the danger, decided to sell her shares on 30 th June 1999. Calculate the profit realized. (10 marks) 10
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21. Mandila started walking due east from a point P, 120m South of the school’s flag post. he walked to a point Q from which the bearing of the flag post is 300 0 . He then walked due North to school water tank which is 400m from Q. he finally walked directly to the flag post. a. Draw a sketch to represent the given information. (2 marks) b. Calculate i. The bearing of the water tank from the flag post. (4 marks) ii. The total distance covered by Mandila. (4 marks) 11
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