Frank's adventure to the Jungle!
Frank is going on an adventure. He loves cookies, so he brings pounds of cookies. He also needs protection, so he brings a bow with him. He is also bringing his friend, George, with him. George loves bananas, so he brings pounds of bananas. George also brings a knife with him.
In the Jungle, the friends encounter many trolls. The trolls are friendly, so each only charges percent tax on food only. At their destination, Frank has about pounds of cookies to eat. (Rounded to the nearest hundredth) How many pounds of bananas does George have to eat? Express your answer to the nearest hundredth.
The answer is 0.45.
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1 solution
Calculate the number of times they got tax by each encounter. For Frank, the number of times is 2(1+5/100)^x=0.3. Solving for x gives us 38.8832. Now with the same period, George's 3 pounds after tax is 3(1+5/100)^38.8832=0.45