X=his fortune
15/16X=7500
X=7500 x 16/15
X=8000
Answer:
who think
Step-by-step explanation:
Answer: the value of her investment after 4 years is £8934.3
Step-by-step explanation:
The formula for determining compound interest is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount invested.
t represents the duration of the investment in years.
From the information given,
P = 8000
r = 2.8% = 2.8/100 = 0.028
n = 1 because it was compounded once in a year.
t = 4 years
Therefore,
A = 8000(1+0.028/1)^1 × 4
A = 8000(1+0.028)^4
A = 8000(1.028)^4
A = £8934.3 to the the nearest penny
Answer:
<h2>3.05x(output for x)</h2><h2>39.65</h2>
Step-by-step explanation:
<h3>to understand this</h3><h3>you need to know about:</h3>
<h3>let's solve:</h3>
according to the question
the function is
f(x)=3.05x(first answer)
let's justify
f(1)=3.05×1
=3.05
LIKEWISE
f(3)=3.05×3
=9.15
therefore
it is the function
answer for the second question
f(13)=3.05×13
=39.65
