True, there are fees associated with investments. These fees are collected by institutions where the investments are placed. Fees include transaction fees, investment management fees, front end and back end fees among others. These fees are placed in order for the services of the financial institutions to continue and these are also mandated and regulated by the government.
If 0.75 cups = 20 cookies
0.375 cups = 10 cookies
1.875 cups = 50 cookies
Answer:
4 hours
Step-by-step explanation:
The speed of the first car is
While the speed of the second car is
The time it takes for each car to cover a distance d is
where
d = 960 km is the total distance covered
For car 1, the time taken is:
For car 2, the time taken is:
Therefore, the difference in time is:
Answer:
The value of Mary's investment after two years = £12362.7
Step-by-step explanation:P = Principal / initial amountR = rate of interest per cent per yearT = number of yearsA = final amount at the end of T yearsThen:A = P*(1 + R/100)^2In our example:P = £12000R = 1.5 per cent per yearT = 2 yearsThus:A = 12000*(1 + 1.5/100)^2 = 12000*(1 + 0.015)^2 = 12000*(1.015)^2 = 12000*(1.030225) = 12362.7Value of investment after two years = £12362.7
