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Liula [17]
3 years ago
12

Rule for 0.5 1.8 3.1 4.4

Mathematics
1 answer:
mel-nik [20]3 years ago
6 0
I hope this helps you

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Based on the graph, what are the solutions of the equation
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on the first of january 2014, carol invested some money in a bank account. The account pays 2.5% interest per year. On the first
almond37 [142]

Answer: £23,360

Step-by-step explanation:

You can use algebra to solve this.

Assume that the original investment is x.

In the beginning of 2015 the balance had increased by 2.5% which is denoted as:

= 1.025x

Carol then withdrew a thousand:

= 1.025x - 1,000

This value then increased by 2.5% again by the beginning of 2016:

= 1.025 * (1.025x - 1,000)

Relevant expression therefore is:

1.025 *(1.025x - 1,000) = 23,517.60

1.025x - 1,000 = 23,517.60/1.025

1.025x = ‭22,944‬ + 1,000

x = 23,944/1.025

x = £23,360

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Use the bar graph to find the experimental probability of the event.
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