Annie invests £9500 for 5 years in a savings account. She gets 1.8% per annum compound interest. How much money does Annie have
1 answer:
Answer:
£10386.34
Step-by-step explanation:
The amount in an account for a principal P saved at compound interest for a period of n years at an annual rate of r% is calculated using the formula:
In this case:
Principal, P=£9500
r=1.8%=0.018
n=5 years
Therefore:
At the end of 5 years, Annie will have £10386.34
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(2, 3) and (4, 6) where the horizontal axis label is Time in weeks and the vertical axis
label is Plant growth in inches.</span>
The rate of relationship A is given by the slope of the graph as follows:
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For table B.
Time (weeks) 3 6 8 10
Plant growth (in.) 4.8 9.6 12.8 16
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</span> For tabe C.
Time (weeks) 3 4 6 9
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Time (weeks) 3 4 6 9
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<span>
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Therefore, the table that could represent Relationship B is table A.
The rate of relationship A is given by the slope of the graph as follows:
To obtain which table could represent Relationship B, we check the slopes of the tables and see which has a lesser slope.
For table A.
Time (weeks) 3 6 8 10
Plant growth (in.) 2.25 4.5 6 7.5
For table B.
Time (weeks) 3 6 8 10
Plant growth (in.) 4.8 9.6 12.8 16
</span><span><span>
</span> For tabe C.
Time (weeks) 3 4 6 9
Plant growth (in.) 5.4 7.2 10.8 16.2
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For table D.
Time (weeks) 3 4 6 9
Plant growth (in.) 6.3 8.4 12.6 18.9</span>
<span>
Therefore, the table that could represent Relationship B is table A.