1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natka813 [3]
3 years ago
10

Mario invests £2000 for 3 years at 5% per annum compound interest. Calculate the value of the investment at the end of 3 years.

Mathematics
1 answer:
Delicious77 [7]3 years ago
7 0

Answer:

$2315.25

Step-by-step explanation:

Given data

Principal=  £2000

Time= 3 years

Rate= 5%

The compound interest expression is

A= P(1+r)^t

substitute

A= 2000(1+0.05)^3

A= 2000(1.05)^3

A= 2000*1.157625

A= 2315.25

Hence the Amount is $2315.25

You might be interested in
Determine if the product CA is defined. If the product is defined, state its dimensions. Do not calculate the product.
Troyanec [42]

ANSWER

The multiplication, CA is defined, and its dimension is 3×2

EXPLANATION

Matrix A is a 2x3 matrix.

Matrix C is a 3×2 matrix.

The product of the two matrices , CA, is defined if and only if the inner product of their dimension are the same.

CA = (2 \times 3)(3 \times 2)

The inner products are the same.

Hence the matrix multiplication, CA is defined and its dimension is the outer products.

2 \times 2

8 0
3 years ago
John accepted a reduction of 15% on his salary when his company was not doing well. Now his company's financial position has imp
o-na [289]
To reverse a percentage decrease you divide it by the decrease (+ 100%)
For example we will pick the number, 100, which is decreased by 15% to 85.

To make 85 back to 100 we divide it by the decrease (1-0.15):
85 / 0.85 = 100

To find out how much 85 increased to get back to 100, we do:
15 / 85 = 0.1765 = %17.65

15 is the reduction/difference, and 85 is the with reduction total.

Because percentages stay the same, this is applicable to any numbers, from this, we know that whenever something is reduced by 15% - when restored to it's original is increased by %17.65

The answer is %17.65


6 0
3 years ago
Add and round to the correct number of significant digits: 13.8 + 60 70 73 73.8 74
LenaWriter [7]
When you add all the number together you get 364.6 round it = 365
Because 6 is > 5
4 0
3 years ago
What's the number of people left to play at 10 of <br> 15 have played
erma4kov [3.2K]

Answer:

5 people will be left to play

5 0
3 years ago
Read 2 more answers
2 3/4 divided by 4 1/8 in fraction form
dmitriy555 [2]

Answer:

5/4

Step-by-step explanation:

5 0
2 years ago
Read 2 more answers
Other questions:
  • Sharon wants to make key chains with different colored beads. Each key chain will look the same. Sharon will use a total of 20 g
    8·2 answers
  • The base of a 6-inch long ice cream cone with a diameter of 2 inches, is cut 0.25 inches from the base. This cut creates two sha
    9·1 answer
  • Quadrilateral ABCD is inscribed in this circle. what is the measure of angle C?
    7·1 answer
  • ?????????????????????? Help???plzz
    12·1 answer
  • Round 32.574 to the nearest hundredths
    8·2 answers
  • The temperature in a greenhouse should be 68 degrees or higher. One​ morning, the heater stopped working. The temperature droppe
    10·1 answer
  • paiges ballet slipperds were 20% off the original prioce. write an expression to show how much she will pay for the ballet slipp
    9·1 answer
  • How can transformations show that two images are congruent?
    6·1 answer
  • What is the point-slope equation of a line with slope-4 that contains the point (-2 7)\
    15·1 answer
  • Floyd is an aspiring music artist. He has a record contract that pays him a base
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!