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kobusy [5.1K]
3 years ago
8

. You invest £4000 in a fund which earns 11% compound return per year. How much would the fund be worth after 10 years, given th

at you removed half of the balance after 5 years?
Mathematics
1 answer:
zmey [24]3 years ago
7 0

Answer: $5,678.85

Step-by-step explanation:

First find out how much the fund was worth after 5 years.

Compound interest formula:

= Investment * (1 + rate) ^ years

= 4,000 * ( 1 + 11%)⁵

= £6,740.23

Half was removed:

= 6,740.23/2

= £3,370.12

Then compound this for the remaining 5 years:

= 3,370.12 * (1 + 11%)⁵

= $5,678.85

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20% of a is 11. What is a?​
Reika [66]

Answer:

a=55

Step-by-step explanation:

This question is asking for you to find the whole (a), given a part (11). This can be done through multiplication. 20% is 1/5 of 100%. This means to find the whole number, you should multiply the part by 5. 11*5=55. So, a must equal 55.

We can check this answer by working backward. Do this by finding 20% of 55, and checking to see if it is 11. To find a percentage of a number, multiply that number by the percent in decimal form. So, 20% of 55 is equal to 0.2*55, which is 11. Therefore, the answer is correct.

5 0
3 years ago
Read 2 more answers
3x-5y=60<br> 4x+5y=-4<br> what is the system of linear equation
Sergeu [11.5K]

(3x-5y=60)

4x+5y=-4

3(8)-5(7.2)=60

4(8)+5(-7.2)=-4

7x=56

÷7. ÷7

x=8

3(8)-5y=60

4(8)+5y=-4

32+5y=-4

-32. -32

5y=-36

÷5. ÷5

y=7.2

4 0
3 years ago
What pair of numbers has the geometric mean of 44
PSYCHO15rus [73]
Basically any two numbers whose product is 44^2 = 1936. 
so 16×121 = 1936
so the pair is 16 and 121
6 0
3 years ago
Which binomials are factors of x^2−3x−54?
denis23 [38]
Correct Options:- A) x-9 and E) x+6

Step by Step Solution:

5 0
2 years ago
A sales analyst listed the probabilities of profits and losses in dollars for a certain company. Find the mean for the probabili
kakasveta [241]

Answer: The mean for the probability distribution will be 69.25.

Explanation:

Since we given that

At\ x_1= -500 ,P(x) = 0.076\\

At\ x_2= -250,P(x)= 0.191\\

At\ x_3=0, P(x)= 0.265\\

At\ x_4=250 , P(x)= 0.316\\

At\ x_5=500 , P(x)= 0.152\\

As we know the formula for expectation of x i.e. known as mean for the probability distribution,

E(x)=x\sum_{1}^{5} P(x)

So, we  apply this formula in our case,

-500\times 0.076+(-250)\times 0.191+0\times 0.265+250\times 0.316+500\times 0.512=69.25

\mu = 69.25

Hence, the mean for the probability distribution will be 69.25.



4 0
3 years ago
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