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Likurg_2 [28]
3 years ago
14

In how many years will the interest on £100 at 6% amount to £12?

Mathematics
2 answers:
PtichkaEL [24]3 years ago
7 0
6% is 6 for every hundred. Because we have 100, that means that it the interest will be 6 more each year. 12/6 = 2, so 2 years.
NOTE: that is only simple interest. Compound interest is different. Compound interest is when you earn interest on your interest, so after 1 year you would have 106, and then you would get 6% of that 106.
lesya [120]3 years ago
3 0
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>
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gtnhenbr [62]

The closest point is (3.5, 1.9) and the distance is 1.96 units

<h3>How to determine the point and the distance?</h3>

The coordinate is given as:

(4, 0)

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y = √x

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d = √(x2 - x1)^2 + (y2 - y1)^2

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This gives

d = √(x - 4)^2 + (√x - 0)^2

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Evaluate the like terms

d = √x^2 - 7x + 16

Next, we differentiate using a graphing calculator

d' = (2x - 7)/[2√(x^2 - 7x + 16)]

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(2x - 7)/[2√(x^2 - 7x + 16)] = 0

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2x - 7 = 0

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d = √(3.5 - 4)^2 + (1.9 - 0)^2

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Read more about distance at:

brainly.com/question/23848540

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3 0
2 years ago
three roommates Ava, Ben, and Cora went grocery shopping online. Ava spent three times as much Ben and half as much Cora. If tog
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Answer:

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Which equation is equivalent to the formula below?
ehidna [41]

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3 0
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