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A Bus Company Claims That in the Past Year It

question 121

Essay

A bus company claims that in the past year it has reduced the number of late departures of buses by 100%.
What is wrong with this statement?


Definitions:

Inheritance

Assets or property received from someone who has passed away, often as dictated by a will or the laws of intestacy.

Investment

Assigning funds with the goal of achieving returns or making a profit.

Compounded Annually

interest calculation method where the interest is added to the principal once a year.

Interest

The cost of borrowing money, calculated as a percentage of the amount borrowed.

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