Answer:
The amount of interest earned at the end of 14 years would be $672.3486
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
In this problem, we have that:
So
The amount of interest earned at the end of 14 years would be $672.3486
Answer:
Total money left with Jamie = £13
Step-by-step explanation:
Jamie received pocket money = £26
He spent on sweets = 10% of total pocket money
Expense on magazines = 25% of the total money
Expense on games = 15% of the pocket money
Total expenditure on sweets, magazines and games = 
= 
Or 50% of the pocket money he received
Therefore, money left with Jamie = 50% of total money he received as pocket money
= 
= £13
OptionC is the answer..!!
Hope this helps you!!!
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