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Stephen Edwin King1947921 208090.

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Put simply, your sovereign is your king or queen. George III was the sovereign of Great Britain and her colonies including the American ones. At least, he was until a little thing called the Revolutionary.

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A budget plan allocates $1,200 monthly for entertainment. The university increases the budget by 10% in the first year and 5% in the second year (applied annually to the previous total). What is the entertainment budget in the third year?
After first year: 1,200 * 1.10 = $1,320.
After second year: 1,320 * 1.05 = $1,386.

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