The Satisfaction Academy

The problems on simple and compound interest are asked as a part of percentages only. Let me start this lesson with a simple problem:                                                        Tommy and his dad planted two plants on the same day. The first plant is 10 ft high and grows by 10 ft every day. The second plant is 1 ft high and doubles its height everyday. On which day will the 1 ft high plant overtake the 10 ft high plant? Answer: Let's make a simple table to answer this question. We note down the heights of the plants on each day, as shown below: We can see from the table that the 2 nd plant outgrows the 1 st plant on the 8 th day (colored orange in the table). Now, answer the following questions: ...