1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nadya68 [22]
3 years ago
7

Stephan places £950 in his bank account which pays 1.6% simple interest per year.

Mathematics
1 answer:
ella [17]3 years ago
8 0

Answer:

A. He will earn £15.2 each year

B. After one year he will have £965.2 in his account

Step-by-step explanation:

Applying the simple interest formula

A = P (1 + rt)

A = final amount

P = initial principal balance

r = annual interest rate

t = time (in years

Given data

Principal p= £950

Rate r= 1.6% =1.6/100= 0.016

Time t= 1 year

Substituting in our simple interest formula we have

A= 950(1+0.016*1)

A= 950(1+0.016)

A= 950(1.016)

A= £965.2

Interest = final amount - principal

= 965.2-950

= £15.2

You might be interested in
What does difference of squares mean? How can you recognize it when looking at an expression?
ki77a [65]
It is called a difference of squares because there are two things squared being subtracted. You can recognize it when there are two terms, subtraction between the two of them, and you know the square root of both
3 0
2 years ago
Read 2 more answers
Determine whether the quadrilateral is a parallelogram. Justify you answer.
agasfer [191]

Answer:

It is a quadrilateral.

Step-by-step explanation:

Quadrilateral is a 4-sided shape where the total angles is 360°.

So when you add up all the angles, you will get 360°.

4 0
2 years ago
I’m on a test so I need help
sladkih [1.3K]
The answer is 2 y2 -9
4 0
3 years ago
There are 60 people waiting for a river raft ride. Each raft holds
andrey2020 [161]

If there are 60 people waiting for a river raft ride. Each raft holds

15 people. how Silvia's work can be used to find the number

of rafts needed is: total number of people/Number of people holded by  each raft.

<h3>Number of rafts needed</h3>

Using this formula

There are 136 people waiting for a river raft ride each raft holds 8 people.

Number of rafts needed=Number of people/Capacity of raft

Where:

Number of people = 60

Capacity of raft = 15 people

Let plug in the formula

Number of rafts needed=60/15

Number of rafts needed=4 rafts needed

Therefore if  raft holds 15 people. how Silvia's work can be used to find the number of rafts needed is: total number of people/<em>Number </em>of people holded by  each raft.

Learn more about Number of rafts needed here:brainly.com/question/8361379
#SPJ1

8 0
1 year ago
Two of the side lengths of a triangle are x = 10 and y = 5. Which side length could not represent z, the third side of the trian
pentagon [3]
A i got this question on my test and i put A
8 0
3 years ago
Other questions:
  • Solve -8x + 4 ≤ 36<br><br>A. x ≥ -4<br><br>B. x ≤ 4<br><br>C. x ≥ 4<br><br>D. x ≤ -4
    14·1 answer
  • {12÷(9−6)}+4×6{12÷(9−6)}+4×6
    6·1 answer
  • #1 What is the value of the expression 7–3? Answers: A. –21 B. - 1/343 C.1/343 D. 343  #2What is the value of the expression 1/5
    12·2 answers
  • What is the value of x in the diagram?
    11·1 answer
  • Solve the equation |5-x|=2
    5·2 answers
  • An envelope from the post office is 7 inches wide and 8 inches long. What is the perimeter of the envelope?
    12·1 answer
  • After nine years, the total was $430. After 12 years, the total amount in Sally's savings account was $480.
    5·1 answer
  • I need this one pls help 10 points question 4
    8·1 answer
  • What is the domain of the function <br>y =squarerpot of x​
    12·1 answer
  • Which of the following are irrational numbers?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!