No, The answer is 120% and 0.5% = 0.05
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Answer:
The smallest amount is
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
solve for P
Round to the nearest pound she can invest
The smallest amount is
Answer:
k(4) = 10
General Formulas and Concepts:
<u>Pre-Algebra</u>
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
<u>Algebra I</u>
Step-by-step explanation:
<u>Step 1: Define</u>
k(x) = 18 - 2x
k(4) is x = 4
<u>Step 2: Evaluate</u>
- Substitute in <em>x</em>: k(4) = 18 - 2(4)
- Multiply: k(4) = 18 - 8
- Subtract: k(4) = 10
Start with

Multiply the whole equation by 2. Since 2 is positive, we don't need to switch the inequality sign:

Subtract 3 from both sides:
