Hello there! I can help you! The formula for compound interest is P(1 + r)^t, where P= principal (initial amount), r = interest rate (in decimal form), and t = time (in years). Let's do this step by step. First off, we add the rate into 1. 4% is the interest rate (0.04 in decimal form). 1 + 0.04 is 1.04. Now, what we will do is raise that number to the 2nd power, because the time that elapses is 2 years. 1.04² is 1.0816. That's that. Now, multiply 7,500 to find the total amount of money. 1.0816 * 7,500 is 8,112. There. Toby's savings account balance in 2 years is £8,112.
Note: To solve for compound interest questions like it, add 1 to the percentage rate in decimal form, raise that number to a power based on the number of years (for example, raise the number to the 7th power if we are looking for the balance after 7 years), and then multiply that number by the starting amount. After you raise the number by a power, there may be a lot of numbers behind it. Whatever you do, DO NOT delete the number. Keep it there and multiply it by the principal.
Answer:
81
Step-by-step explanation:
27 total of pupils.
girls 1×27=27
boys 2×27=54
total 54+27=81
Answer:
The measure of two angles are shown in the diagram. 4x - 11 2x + 5 Which equation can be used to find the value of x? A. 6x - 6 = 180 X. 6 x + 64 = 180 B. 6x - 6 = 360 D. 6x + 84 = 180
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Discounted price before sales tax = 75/100 x (40 + 24 + 18 x 3) = 3/4 x (64 + 54) = 3/4 x 118 = $88.5
Total price inclusive of sales tax = 107/100 x 88.5 = $94.69
