Problem

Abigail earned $£ 400$ in the first year of her paper round. Each year her earnings increased by $10 \%$. How much money did Abigail earn in the third year of her paper round? Give your answer in pounds $(£)$. Earnings in first year Earnings in second year Earnings in third year $£ 400$ f f

Solution

Step 1 :Let's find Abigail's earnings in the second year by multiplying her first-year earnings by 1.10: \(400 * 1.10 = 440\)

Step 2 :Now, let's find her earnings in the third year by multiplying her second-year earnings by 1.10: \(440 * 1.10 = 484\)

Step 3 :\(\boxed{Abigail earned £484 in the third year of her paper round.}\)

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Source: https://solvelyapp.com/problems/15845/

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