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Colt1911 [192]
3 years ago
13

Northern Bank has two types of account. Both accounts pay compound interest. Cash savings account Interest 2.5% per annum Shares

account Interest 3.5% per annum Ali invests £2000 in the cash savings account. Ben invests £1600 in the shares account. (a) Work out who will get the most interest by the end of 3 years. You must show all your working.
Mathematics
1 answer:
musickatia [10]3 years ago
4 0

Answer: Ben will have the most interest.

Step-by-step explanation:

Ali after 3 years.

To use compound interest, the formula is:

= Investment * ( 1 + rate) ^ no. of periods

= 2,000 * ( 1 + 2.5%)³

= £‭2,153.78

Interest = Amount after 3 years - investment

= 2,153.78 - 2,000

= £153.78

Ben after 3 years.

= 1,600 * (1 + 3.5%)³

= £1,773.95

Interest = 1,773.93 - 1,600

= £173.93

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Lunna [17]

Answer:

x = 15

Step-by-step explanation:

There are 2 triangles. The small triangle CDE has sides that are 8 and 20.

The big triangle CAB has sides 6+8 and 20 + x. Add the 6 and 8 which is 14. Create a proportion and cross multiply, divide, then solve for x.

\frac{8}{20}=\frac{14}{20+x\\}\\\\8(20 + x) = 20(14)\\160 + 8x = 280\\160-160+8x=280-160\\8x=  120\\8x/8=120/8\\x=15

8 0
3 years ago
Two skaters are racing toward the finish line of a race. The first skater has a 40 m lead and is traveling at a rate of 12 m/s.
ivanzaharov [21]
The second skater wont pass him, he is ahead and they are going the same speed
3 0
4 years ago
Solve the radical equation. Be sure to check all solutions to eliminate extraneous solutions.
tatyana61 [14]

Answer: \large\boxed{\text{No Solution}}

Step-by-step explanation:

<u>Given equation</u>

\sqrt{t+1}+9=7

<u>Subtract 9 on both sides</u>

\sqrt{t+1}+9-9=7-9

\sqrt{t+1}=-2

<u>Conclusion</u>

\text{Since radical values are always positive, it is false that }\sqrt{t+1}\text{ will equal to -2}

\text{Therefore, it is }{\large\boxed{\text{No Solution}}}\text{ in the context of real numbers}

Hope this helps!! :)

Please let me know if you have any questions

8 0
1 year ago
Please find out the answer and I will mark your answer as the brain test with a five-star rating and a thank you. But only if th
pentagon [3]

Answer:

Below

Step-by-step explanation:

Let x be that missing number

One third of it is x/3

One-ninth of it is x/9

Multiply x/3 and x/9

● (x/3)*(x/9) = (x^2/27)

● (x^2/27) = 108

Multiply both sides by 27

● (x^2/27)*27 = 108*27

● x^2 = 2916

● x = √(2,916) or x = -√(2,916)

● x = 54 or x = -54

So there are two possibilities 54 and -54.

5 0
3 years ago
Read 2 more answers
Evaluate the expression when x = 10 and y = -2.<br> -x+y<br> 6
tankabanditka [31]

Answer:

-22

Step-by-step explanation:

-10+(-2)6

(-2)6= -12

-10+(-12)=  -22

hope i helped :)

7 0
3 years ago
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