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Vesna [10]
3 years ago
14

Mark invests £2000 on an account that gives 4% compound interest.what will the value of his investment be after 6 years

Mathematics
1 answer:
I am Lyosha [343]3 years ago
8 0

Answer: £2530.64

Step-by-step explanation:

The formula for calculating amount is given as :

A = P(1+r)^{n}

Where :

A = amount

P = principal

r = rate%

n = number of years

Substituting the values of each into the equation we have

A = 2000(1+0.04)^{6}

A = 2000 (1.04^{6})

A = 2530.638037

A ≈ £2530.64

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parent graph: f(x) = |x|

shifted 6 units down: f(x) = |x| - 6

then shifted 4 units to the right: f(x) = |x - 4| - 6

then vertically stretched by 2: f(x) = 2|x - 4| - 6

This means the vertex (0, 0) has moved to (4, -6) and the slope is 2

**************************************************************************************

   f(x) = |x|                                      f(x) = 2|x - 4| - 6

  <u>  x     y   </u>                                      <u> </u><u> </u><u>x                              y </u>          <u>new coordinate</u>

   -2    2                               -2 + 4 = 2           2(2) - 6 = -2                   (2, -2)

   -1     1                                -1 + 4  = 3           1(2) - 6 = -4                    (3, -4)

   0     0    <em>vertex</em>                0 + 4  = 4           0(2) - 6 = -6  <em>vertex</em>       (4, -6)

    1     1                                 1 + 4  = 5           1(2) - 6 = -4                    (5, -4)

    2    2                                2 + 4 = 6           2(2) - 6 = -2                   (6, -2)

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Answer: 7 km

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3.5 x 2 = 7

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