Answer:
10.24 years
Step-by-step explanation:
The computation of the time period is as follows:
As we know that
Amount = Principal × (1 + rate of interest)^time period
£8000 = £4000 × (1 + 0.07)^time period
£8,000 ÷ £4,000 = 1.07^time period
2 = 1.07^time period
Now apply the log to the both sides
log 2 ÷ log 1.07 = time period
= 10.24 years
Here are the true statements:
The 6 in the third term is a coefficient. It is paired with a variable so it is a coefficient.
The y in the third term is a factor because it is being multiplied by (6x + 7).
The 9 is a constant because it is just a number in the second term.
Answer:
£50 and £300
Step-by-step explanation:
Sum the parts of the ratio 1 + 6 = 7 parts
Divide the amount by 7 to find the value of one part of the ratio
£350 ÷ 7 = £50 ← value of 1 part of ratio
Hence
1 person receives £50
the other person receives 6 × £50 = £300
