Given:
Principal = <span>£100
Interest rate = 6%
Interest = </span><span>£12
Simple Interest is computed by multiplying the principal by its interest rate and term
Interest = Principal * rate * term
12 = 100 * 0.06 * term
12 = 6 * term
12/6 = term
2 = term
It will take 2 years for </span>£100 to earn <span>£12 at 6%</span>
Answer:
5% of 600 is 30, then you multiply the 30 by the 4 years which gives you 120. then you add the original 600 with the 5 person from the four years which is 120 that comes to 720. so 720 is how much is in salma's account after 4 years.
Answer:
Δn=3
Step-by-step explanation:
Remember, if we need to divide the interval (a,b) in n equal subinterval, then we need divide the distance (d) between the endpoints of the interval and divide it by n. Then the width Δn of each subinterval is d/n.
We have the interval [-5,7]. The distance between the endpoints of the interval is
.
Now, we divide d by 4 and obtain 
Then, Δn=3.
Now, to find the endpoints of each sub-interval, we add 3 from the left end of the interval.
So,
Hello!
Judging on the question you have provided I have generated this equation to represent the situation 400(1.03^x) X being years.
To solve this equation you need to plug in 16 for X amount of years.
The new equation should look something like this 400(1.03^16)
Lastly solve!
The answer you get should be $641.88
Hope this helped!
-Blake
