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dalvyx [7]
2 years ago
11

I need help pleaseeee

Mathematics
1 answer:
Semenov [28]2 years ago
3 0
Suree I do Bc I’m bored
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Rich also has £400 pounds invest 3% compound interest . How many years does he need to invest the money to get at least £475
zepelin [54]

Answer: 6 years

Step-by-step explanation:

Formula to calculate compound amount: A=P(1+r)^t, where P= Principal , r=rate of interest, t= time

Given: P = £400, r = 3% = 0.03 , A= 475

Required equation: 400(1+0.03)^t\geq475

400(1.03)^t\geq475\\\\\Rightarrow\ (1.03)^t\geq\dfrac{475}{400}\\\\\Rightarrow\ (1.03)^t\geq1.1875

Taking log on both sides , we get

t \log 1.03\geq\log1.1875\\\\\Rightarrow\ t(0.0128372)\geq(0.0746336)\\\\\Rightarrow\ t\geq\dfrac{0.0746336}{0.0128372}=5.81385\approx6

Hence, he needs to invest the money for 6 years to get atleast £475.

7 0
3 years ago
PLEASE HELP ME!!!!!!!!!
Brrunno [24]
Slope is (24--31)/(-6-5) = 55/-11=-5

y-24=-5(x--6)
y-24=-5x-30
y=-5x-6
8 0
3 years ago
Solve the inequality below for z.
Semenov [28]
A.
8z+3 > 3z-17
subtract 3 from both sides
8z > 3z -20
subtract 3z from both sides
5z > -20
divide both sides by 5
z > -4
5 0
3 years ago
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hari's weekly allowance varies on the number of chores he does.He received $16 in allowance the week he did 12 chores, and $14 i
ad-work [718]

Answer:


Step-by-step explanation:


8 0
3 years ago
Y=4×+2<br>Can someone please help?!​
OverLord2011 [107]
I think it is -2 because you move 4 to the other side by subtracting so it’s going to be a negative.
6 0
3 years ago
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