Use the compound amount formula:
A = P(1+r)^t
Here, A = £2000 (1+0.03)^2 = <span>£2121.80 (answer)</span>
Answer:
Step-by-step explanation:
1. 6.96 in
2. 2.6 in
3. 8.1 in
4. 5.6 m
5. 1.89 cm
6. 6 in
Answer:
Step-by-step explanation:
10 4/5 = 10.8
10 7/10 = 10.7
Frankie did not swim the longest distance.
Gus did.
10.8>10.7
Answer:
$110.37
Step-by-step explanation:
Assuming the monthly payment is made at the beginning of the month, the formula for the monthly payment P that gives future value A will be ...
... A = P(1+r/12)((1+r/12)^(nt) -1)/(r/12) . . . . n=compoundings/year, t=years
... 14000 = P(1+.11/12)((1+.11/12)^(12·7) -1)/(.11/12)
... 14000 = P(12.11)((1+.11/12)^84 -1)/0.11 ≈ P·126.84714 . . . . fill in the given values
... P = 14000/126.84714 = 110.37 . . . . . divide by the coefficient of P
They should deposit $110.37 at the beginning of each month.
Answer:
10 or 70
Step-by-step explanation:
10= 40-30=10
70=40+30=70
