Answer:
Step-by-step explanation:
5k+ 6k+9k=20k
20k=£60
k=3£
£15, £18, £27
We have been given that Nicolas has $6,500 to deposit into an account which earns 3.25% interest compounded annually. We are asked to find amount of interest earned at the end on 8 years.
We will use compound interest formula to solve our given problem.
, where,
A = Final amount,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.






Now we will subtract principal amount from final amount to find amount of interest as:


Therefore, Nicolas would have earned $1895.25 in interest at the end of 8 years.
5 infinitely many
6. none
Answer:
3.78 ×
= 378
Step-by-step explanation: