Answer:
Step-by-step explanation:
Short term 166,500 (150000x.11 then add that answer to 150000)
Long term 163,500
The answer to <span>One eighth of Tony's books are mystery books He has 3 Mystery books how many books does Tony have in all is 24
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Answer:
You could use a graphing calculator to see the lowest point in the graph OR you could put that equation into it's completed squared form, which is (x-4)^2 -4. The opposite of -4 in the parentheses is positive 4, and the leftover -4 is the y value. So that also becomes (4,-4)
Answer: the value of her investment after 4 years is £8934.3
Step-by-step explanation:
The formula for determining compound interest is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount invested.
t represents the duration of the investment in years.
From the information given,
P = 8000
r = 2.8% = 2.8/100 = 0.028
n = 1 because it was compounded once in a year.
t = 4 years
Therefore,
A = 8000(1+0.028/1)^1 × 4
A = 8000(1+0.028)^4
A = 8000(1.028)^4
A = £8934.3 to the the nearest penny
