3 years ago

Work out the balance for £3000 invested for 3 years at 5% per annum

1 answer:

6 0

It depends in the type on interest

Simple Interest
PxRxT
£3000 x 0.05 x 3 = £450
£3000 + £450 = £3450

Compound Interest
Px(1+R)^T
£3000 x (1 + 0.05)³ = £3472.875 = £3472.88

You might be interested in

Last year, the average monthly revenue at the Yardley Times newspaper was $93,250. So far

algol [13]

Answer:

$85,790

Take 8% of 93,250

93,250×0.08=7,460

Subtract 7,460 from 93,250

93,250-7,460=85,790

3 0

3 years ago

Randy has 2 tennis balls,6 marbles,and 1 Orange in this desk drawer.what generalization can you make about these things

mamaluj [8]

All of Randy’s thing in his desk are round

7 0

3 years ago

50 POINTSSSSSS PLS HELP ME ITS MATHHHHHH dont take my points i really need this done

andrew11 [14]

Answer:

1a: 1,000,000

2a: 1

3a: 6

4a: 0

5a: 1

6a: 1

7a: 9

1b: 1

2b: 1

3b: 1

4b: 1

5b: 1

6b:49

7b: 1

Step-by-step explanation:

6 0

2 years ago

Read 2 more answers

Solve for 3.3x-4=-13.9

evablogger [386]

Answer: Simple and best practice solution for 3.3x-4=-13.9 equation. Check how easy it is, and learn it for the future. Our solution is simple, and easy to understand, so don`t hesitate to use it as a solution of your homework.

Step-by-step explanation: Idk how to explain I’m just smart so I can figure it out

4 0

3 years ago

Read 2 more answers

Resolva a equação a seguir: (x-3/2) + (2x-3/4) = (x²) + (x)-(17/2)

bagirrra123 [75]

X =(-8+√464)/-8=1-1/2√ 29 = -1.693

8 0

3 years ago