Answer: $86.25
Step-by-step explanation:
For this problem, we are given p, r, t.
p=70 (starting amount)
r=0.11 (11%)
t=2 (years)
We can plug this into the equation B=p(1+r)^t
B=70(1+0.11)^2
B=86.247
Sam would have $86.25
Sam gets (500/10)*3=150<span>£
harry gets (150/100)*35= 52.5</span>£
