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2 years ago

15

Colin invests £1500 into a savings account. The bank gives 4% compound interest for the first 3 years and 5% thereafter. How muc

h will Colin have after 4 years to the nearest pound?

1 answer:

fomenos2 years ago

6 0

1500(1+0.04)^3 = 1687.30

1687.30(1+0.05) = 1771.67 to the nearest pound: 1772

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Suppose you invest 1,600 at an annual interest rate of 7.9% compounded continuously. How much will you have in the account after

Elina [12.6K]

$\bf ~~~~~~ \textit{Continuously Compounding Interest Earned Amount} \\\\ A=Pe^{rt}\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\to& \$1600\\ r=rate\to 7.9\%\to \frac{7.9}{100}\to &0.079\\ t=years\to &10 \end{cases} \\\\\\ A=1600e^{0.079\cdot 10}\implies A=1600e^{0.79}\implies A\approx 3525.434$

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2 years ago

xz_007 [3.2K]

Answer:

1) $n = 84$

2) $n = 78$

3) $n = 24$

4) $n = 16$

5) $n = 35$

Step-by-step explanation:

To solve each proportion, we apply cross multiplication.

Question 1:

$\frac{5}{12} = \frac{35}{n}$

$5n = 35*12$

Simplifying both sides by 5

$n = 7*12 = 84$

Question 2:

$\frac{n}{52} = \frac{180}{120}$

$120n = 52*180$

Simplifying both sides by 20

$6n = 52*9$

Simplifying by 3

$2n = 52*3$

Simplifying by 2

$n = 26*3 = 78$

Question 3:

$\frac{18}{n} = \frac{21}{28}$

$21n = 18*28$

Simplifying both sides by 7

$3n = 18*4$

Simplifying both sides by 3

$n = 6*4 = 24$

Question 4:

$\frac{n}{4} = \frac{24}{6}$

$\frac{n}{4} = 4$

$n = 16$

Question 5:

$\frac{10}{16} = \frac{n}{56}$

$16n = 56*10$

Simplifying by 2, both sides

$8n = 56*5$

Simplifying by 8, both sides

$n = 7*5 = 35$

4 0

3 years ago

If f(x)=3x-2,find f(8)-f(-5)

Alexandra [31]

To find both f(8) and f(-5), we will need to plug in their values for x and solve for each. Then, we can subtract them to find the final answer.

Finding f(8):

f(8) = 3(8) - 2

f(8) = 24 - 2

f(8) = 22

Finding f(-5):

f(-5) = 3(-5) - 2

f(-5) = -15 - 2

f(-5) = -17

Subtracting f(8) and f(-5):

f(8) - f(-5)

22 - - 17

22 + 17

39

Hope this helps!! :)

6 0

3 years ago

Please help me with this problem

Alexus [3.1K]

(a) It is leaking 18 liters per minute.

Explanation : From 15 minutes to 20 minutes, your starting point at 15 is 590 liters and at 20 you have exactly 500. Next you have 25 which is now at 410. So it's leaking 90 liters every five minutes, so of course dividing the two (90 ÷ 5) you get 18.

(a)² it increases for about the same time that it would decrease of course.

(b) The vat started at 860 liters before they started draining it.

Explanation : Well, all it takes is just working backwards, add 90 liters to the liters at 15 minutes and deduct five minutes from 15. Do this process until you arrive at 0. It's simple

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3 years ago

What is the equation of the line?

suter [353]

Answer:

y=-7

Step-by-step explanation:

when it is hohorizontal lile this it is y=-7

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2 years ago