Answer: £14378
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = £11000
n = 1 because it was compounded once in a year.
For the first 3 years,
r = 3.9% = 3.9/100 = 0.039
Therefore,
A = 11000(1+0.039/1)^1 × 3
A = 11000(1.039)^3
A = $12338
The new principal is 12338
For the next 4 years,
A = 12338(1.039)^4
A = 14378
Answer:
c
Step-by-step explanation:
252 = 7 *36
36 = 6 *6 = 6²
a² -b² = (a + b)(a - b)
7h² - 252k² = 7(h² - 36k²)
= 7(h² - [6k]² )
= 7(h +6k)(h - 6k)
Answer: 1/15
Step-by-step explanation:
The number of striped socks is 2 while the number of total socks are 6. If he chooses a striped socks at first, that will be 2/6.
If he chooses it the second time, the probability will be 1/5 since there'll be 5 socks left and 1 striped.
The probability that Derek selected a striped sock both times will be:
= 2/6 × 1/5.
= 2/30
= 1/15
