Answer:
£1,049
Step-by-step explanation:
The computation of the amount after 5 years is shown below:
Here we have to determined the future value
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= £950 × (1 + 0.02)^5
= £950 × 1.02^5
= £950 × 1.1040808032
= £1,049
Answer
4.8 x 10^-3
Step-by-step explanation:
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Answer:
<h3>Some Points about this Formula :- </h3>
- The formula given here is the definition of the derivative in calculus. The derivative measures the rate at which a quantity is changing.
- For example, we can think of velocity, or speed, as being the derivative of position - if you are walking at 3 miles (4.8 km) per hour, then every hour, you have changed your position by 3 miles.
<h3>To know the solution,Refer to the above attachment . </h3>