The initial amount of the money is £11,000 and the interest is 3.9% per year for first 3 years and then 4.5% after that. If Dan invests it for 7 years, that means the interest would be 3 years of 3.9% and 4 years of 4.5%.
The calculation would be:
total money= initial amount * interestrate1 * interest 2
total money= £11000 *(100%+3.9%)^3<span>*(100%+4.5%)^4
</span>total money= £11000 *(103.9%)^3 * (104.5%)^4
total money= £11000 * <span>1.121622319 </span>* 1.1925186
total money= £14,713.11
Answer:
$12.27
Step-by-step explanation:
.07 times 179.53 is 12.5671 so rounded to 12.27
Answer:
10.5
Step-by-step explanation:
X/-3.5=30-33=-3
X= -3*3.5= 10.5
State A = State B - 1111
State A + State B = 8787
So, (B-1111) + B = 8787
2B -1111 = 8787
2B = 8787+1111
2B = 9898
B= 4949
Then A = B - 1111
A = 4949 - 1111
A = 3838
Proof is A + B = 8787
3838 + 4949 = 8787