Answer:
The value of Mary's investment after two years = £12362.7
Step-by-step explanation:
P = Principal / initial amount
R = rate of interest per cent per year
T = number of years
A = final amount at the end of T years
Then:
A = P*(1 + R/100)^2
In our example:
P = £12000
R = 1.5 per cent per year
T = 2 years
Thus:
A = 12000*(1 + 1.5/100)^2
= 12000*(1 + 0.015)^2
= 12000*(1.015)^2
= 12000*(1.030225)
= 12362.7
Value of investment after two years = £12362.7
Answer:
A. 20
Step-by-step explanation:
because she has twice as many and if you have twice as many then you'll have 40 so 40+20=60
Answer:
r = 13
Step-by-step explanation:
The first step is to find b from y=mx=b using m=4/3 and (-4,8)
After solving the equation, b will equal -16/3 making the final equation be
Using the equation, you can solve for r.
This will bring the answer being r = 13
Answer:37
Step-by-step explanation:
