Assignment:
Q1. What does 200% mean? If you have a job making $5 an hour and you receive a 200% raise how much will you be making after the 200% raise?
Q2. Is is better to invest your money where it will earn interest at a rate of 7% per year or to invest it where it will be multiplied by 2/3 each year? Explain and give examples to show what would happen in each case?.
Provide complete and step by step solution for the question and show calculations and use formulas.