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
NO WRONG ANSWERS Two customers took out car loans from a bank. Marcus took out a 5-year loan for $10,000 and paid 4.7% annual si
Gennadij [26K]

Answer:

2164 dollars

Step-by-step explanation:

8 0
2 years ago
What is the value of X?
IRISSAK [1]
X=12
Hope this helps
10x-20+6x+8=180º

6 0
3 years ago
Electric current flowing through wire produces heat that
morpeh [17]
I’m not sure? But don’t answer the guy with the bitly it’s a scam
5 0
2 years ago
gabriel has 6 2/3 of almond flour to make macaroons. he plans to make a recipe that uses 3/4 of a cup of almond flour. what is t
harina [27]

Answer:

8 cups max

Step-by-step explanation:

3/4 cup = 1 recipe

6 2/3(20/3) cup =  <u>20/3 x 1 </u>

                                  3/4

= <u>20</u> / <u>3</u>

   3     4

= <u>20</u> x<u> 4</u>

   3     3

= 80/9

= 8 cups max

the 9th cup will not be enough.

6 0
2 years ago
How do you round 65.0798 to the nearest tenth
Dmitry_Shevchenko [17]
65.0798 rounded to the nearest tenth is 65.1, if the number after the number you are rounding is 5 or over you will round up. If the number after it is under 5 then it will stay the same.
7 0
3 years ago
Read 2 more answers
Other questions:
  • What is the difference between relative frequency and experimental probability?
    14·1 answer
  • All I need to know is if I picked the right one!
    5·2 answers
  • I'm not the best at math, I could really use some help ;)
    12·1 answer
  • What is the correct choice?
    7·1 answer
  • What is the mean and mad of this data set?
    8·1 answer
  • Please help ! i really need it
    15·1 answer
  • The points (5.6) and (25,30( form a proportional relationship. Find the slope of the line through the points. Then use the slope
    10·1 answer
  • Plz help i have 3 mins it for 25 points
    5·2 answers
  • The function y=kx is given in the table. Find the coefficient k and fill in the table.
    12·2 answers
  • The coordinates of the point V are (3,-10) and the coordinates of point W are (3,-3). What is the distance, in units, between th
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!