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3 years ago

If £2000 is placed into a bank account that pays 3% compound interest per year, how much will be in the account after 2years?

2 answers:

5 0

3% = 3/100 = 0,03

When it's compount interest it's 1,03 because you gain 3% more from what you already have.

All you need to do
1,03•2000=2060$ for the first year

And then for the second year, you take the actual amount after one year of 3%

1,03•2060=2121,8

After two years, there will be 2121,8$

GrogVix [38]3 years ago

5 0

Answer:

Hey!

Your answer is £2121.80 in the account!

Step-by-step explanation:

So to do this, you have to first find out how much would be left after 1 year...

= 3 / 100 x 2000 = £60 *we now add this on to the £2000*

= 2000 + 60 = £2060 *this is what is in the account after 1 YEAR*

Then, find out the amount for the second year!

= 3 / 100 x 2060 = £61.80 *we now add this on to the £2060*

= 2060 + 61.80 = £2121.80 *this is what is in the account after 2 YEARS*

SO AFTER 2 YEARS, THERE IS AN AMOUNT OF £2121.80 IN THE BANK ACCOUNT!

HOPE THIS HELPS!!

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Matt and Anna Killian are frequent fliers on Fast-n-Go Airlines. They often fly between two cities that are a distance of 1980

Ymorist [56]

Answer:

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x (wind speed) 40 miles/hr

Step-by-step explanation:

going into the wind make the plane flew 5,5 hours to get 1980 miles, implies the real travel speed was

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speed plane (y) in direction A to B plus wind speed (x) in direction B to A. Notice opposites direction speed, so we have:

y + (-x) = 360 (1)

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Y + x = 440 (2)

We have a two equation with two variables system, It could be solved for any of the procedures. We will use the substitution method.

From equation (1) y + (-x) = 360 y - x = 360 y = 360 + x (1)

In the second equation

y + x = 440 then we replace y for its value as function of x

(360 + x ) + x = 440

Solving for x 360 + 2x = 440 or 2x = 440 – 360

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3 years ago

Which statement is correctly written as a conditional statement?

bekas [8.4K]

The statement that correctly written as a conditional statement is; A number, such as 10, is a composite number because it is even. so the correct option is D.

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Integer numbers are: ...., -2, -1, 0, 1, 2, ... (so it includes positive and negative natural number, and 0 )

Rational numbers are numbers which can be written in the form of a/b

where a and b are integers.

Irrational numbers are those real numbers which are not rational numbers.

Here, Know that all natural numbers are integers, all integers are rational numbers. That means, natural numbers are not irrational.

A composite number is a number divisible by another number than 1 and the number itself.

To find example, a sum of two composite numbers, which is not a composite number, is needed.

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Hence so the correct option is D.

Learn more about composite number;

brainly.com/question/19312484

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