Answer:
2.5 or 2 1/2
Step-by-step explanation:
15 divided by 6
<span>When writing a number, the values that given to the numbers are as follows, starting from the right: ones, tens, hundreds, thousands, ten thousands, etc. The three is located on the second position from the right, meaning it is in the tens place. The significance of this is that it has 3 tens, which means its value is 30.I hope that my answer is helpful! Let me know if you need something more :)</span>
Answer:
Investment B is £97 more than investment A
Step-by-step explanation:
For investment A
£160is saved for 2 years every month
Total amount at the end of the two years= 2*160*12= £3840
The the percentage interest added is
=2.5/100*3840
= £96
Total amount= 3840+96
Total amount=£ 3936
For investment B
£3800 is compounded every year for two years at 3%
Total amount= 3800(1+0.03/2)^(2*2)
Total amount= 3800(1+0.015)^4
Total amount= 3800(1.015)^4
Total amount= 3800(1.061363551)
Total amount= 4033.18
Total amount= £4033
The difference between the two investment= 4033-3936
= £97
