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Mathematics

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Hi can some help me with the below questions?

1. What does 200% mean? If you have a job making $5 an hour and you receiva a 200% raise how much will you be making after the 200% raise?

2.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?.

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Solution Summary

The mathematics in investing are determined. A complete, neat and step-by-step solution is provided in the attached file.

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