Answer:
44
Step-by-step explanation:
Since triangles are similar, so their corresponding sides would be in proportion.
Therefore,
Compound interest formula = a=P(1+r/n)^nt
P= lump sum to deposit (solving for)
A= amount accumulated over the entire time (20000)
n= number of times interest is compounded annually (1)
r= rate of interest (0.82)
T= total number of years (15)
20000=P(1+0.082/1)^1*15
20000=P(1.082)^15
20000=P(3.26143638)
20000/3.26143638=P
P=$6132.2674
Answer:
ans -------8/5 pansnhshshsh
Answer: In 5 years it will be worth £455
Step-by-step explanation:
Step 1
Given
The cost of the T.V. for Colin = £530.
The rate of depreciation per year = 3%
Time/ period = 5 years
Formulae to be used
F = P X (1 - r) ^ n
where
F = the future value after depreciation
P = the present value.
r =the interest rate per time period
n = the time/ periods
Step 2--- SOLVING
F = P X (1- r) ^ n
F= 530 x (1-0.03) ^ 5
=530 x 0.858734
=£455.129
Rounding up to the nearest penny where appropriate = £455
I think that it is 270. 5400/180 = 30 8100/30 = 270
