Answer:
10
Step-by-step explanation:
There are two 1/8 in one 1/4. There are eight 1/8 in 1. 8/8 + 1/8 + 1/8 = ten 1/8.
Answer: Ben will have the most interest.
Step-by-step explanation:
Ali after 3 years.
To use compound interest, the formula is:
= Investment * ( 1 + rate) ^ no. of periods
= 2,000 * ( 1 + 2.5%)³
= £2,153.78
Interest = Amount after 3 years - investment
= 2,153.78 - 2,000
= £153.78
Ben after 3 years.
= 1,600 * (1 + 3.5%)³
= £1,773.95
Interest = 1,773.93 - 1,600
= £173.93
Answer:
c
Step-by-step explanation
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