Answer:
$487.2
Step-by-step explanation:
you multiply 14 and 12 then you get the answer of 168 and multiply that with $2.90 then you get the answer of $487.2.
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
Its 12,400
happy to help :)
And always remember this applies to you too like honestly you’re amazing for doing this
Tried a whole bunch of odd sequences:
11 + 13 + 15 = 39
Nope too small.
21 + 23 + 25 = 69
Woah too big!
And after a few more trials found that:
17 + 19 + 21 = 51
Woohoo!
