Answer:
18
Step-by-step explanation:
21-n; n=3
Substitute n for 3:
Solve.
recall that a/b to decimal is just a ÷ b, so 2/9 is just 2 ÷ 9.
check the picture below.
Answer: the value of her investment after 4 years is £8934.3
Step-by-step explanation:
The formula for determining compound interest is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount invested.
t represents the duration of the investment in years.
From the information given,
P = 8000
r = 2.8% = 2.8/100 = 0.028
n = 1 because it was compounded once in a year.
t = 4 years
Therefore,
A = 8000(1+0.028/1)^1 × 4
A = 8000(1+0.028)^4
A = 8000(1.028)^4
A = £8934.3 to the the nearest penny
The first one = 60.3 so it can’t be that one.
the second one = 34.5 so not that one either
the third one = 60.3
and the last one = 28.3
