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The initial cost of a tea farm is sh 3000000 at the end of each year the value of the farm increases by 4% what will be the value of the farm at the end of 3 years?

Mathematics

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Answer

sh 3,374,592\text{sh } 3,374,592

Step-by-step solution

4 steps

Huu hapa ni ukokotozi wa thamani ya shamba la chai mwishoni mwa miaka 3:

  • Gharama ya awali (Principal, P) = sh 3,000,000
  • Kiwango cha ongezeko (Rate, r) = 4% kwa mwaka = 4100=0.04\frac{4}{100} = 0.04
  • Muda (Time, n) = miaka 3
  1. Tumia fomula ya ongezeko la kiwanja (compound growth) kukokotoa thamani ya baadaye.

    Fomula ni: A=P(1+r)nA = P(1 + r)^n
    Ambapo AA ni thamani ya baadaye, PP ni thamani ya awali, rr ni kiwango cha ongezeko, na nn ni idadi ya miaka.

  2. Badilisha namba kwenye fomula.

    A=3,000,000(1+0.04)3A = 3,000,000(1 + 0.04)^3 A=3,000,000(1.04)3A = 3,000,000(1.04)^3
  3. Kokotoa (1.04)3(1.04)^3.

    (1.04)3=1.04×1.04×1.04=1.0816×1.04=1.124864(1.04)^3 = 1.04 \times 1.04 \times 1.04 = 1.0816 \times 1.04 = 1.124864
  4. Zidisha na thamani ya awali.

    A=3,000,000×1.124864A = 3,000,000 \times 1.124864 A=3,374,592A = 3,374,592

    Thamani ya shamba la chai mwishoni mwa miaka 3 itakuwa sh 3,374,592\boxed{\text{sh } 3,374,592}.

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