2 years ago

Brian invests £1900 into his bank account.

Mathematics

1 answer:

Nat2105 [25]2 years ago

8 0

Answer:

£2585.64

Step-by-step explanation:

FV=PV(1+i)^t

Which means we have

1900(1+.045)^7

1900(1.045)^7

2585.64

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A principal of $950 is invested in an account at 7 percent simple interest per year. What is the amount of the principal after 5

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$\bf ~~~~~~ \textit{Simple Interest Earned Amount}
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A=P(1+rt)\qquad 
\begin{cases}
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\end{cases}
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