Answer:here ya go boys
Step-by-step explanation:
If £2000 is placed into a bank account that pays 3% compound interest per year , how much will be in the account after 2 years ?
1 answer:
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<h3>Answer:</h3>
An exponent represents repeated multiplication. For example, ...
... x^3 = x·x·x
... x^2 = x·x
If we divide these, the x's in the denominator cancel an equal number in the numerator:
... (x·x·x)/(x·x) = x
If we represent the repeated multiplication using exponents, we can represent the cancellation by subtraction:
... (x^3)/(x^2) = x^(3-2) = x^1 = x
Once we have this idea in mind that division can be done by subtracting denominator exponents, we can use it regardless of the magnitude or sign of the exponents involved.