Mbaka bought some plots at Ksh 400,000 each. The value of each plot appreciated at the rate of 10% per annum.
(a) Calculate the value of a plot after 2 years.
(b) After some time t, the value of a plot was Ksh 558,400. Find t, to the nearest month.
(c) Mbaka sold all the plots he had bought after 4 years for Ksh2,928,200.
Find the percentage profit Mbaka made, correct to 2 decimal places.
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