Ask question

Ask question

All categories

3 years ago

8

investment A save £160 per month for 2 years. 2.5% interest is added to the total amount saved. Investment B invest £3800. Compo

und interest is added at 3% each year

1 answer:

Zigmanuir [339]3 years ago

3 0

Answer:

95.42

Step-by-step explanation:

Investment A:

160*24*1.025=3936

Investment B:

3800(1+.03)^2=4031.42

4031.42-3936= 95.42

You might be interested in

Jill is considering a 7/23 balloon mortgage with an interest rate of 3.5% to

abruzzese [7]

Answer: A. $1189.97

Step-by-step explanation:

8 0

3 years ago

college students are offered a 8% discount on a textbook that sells for $31.50 if the sales tax is 8% , find the cost of the tex

zhenek [66]

The answer should be $33.99

8 0

3 years ago

Read 2 more answers

What is the value of y?

RUDIKE [14]

Answer:

C. 55

Step-by-step explanation:

Since all angles in a triangle add up to 180°, we have:

40 + y + y + 30 = 180

2y + 70 = 180

2y = 110

y = 55

7 0

3 years ago

Read 2 more answers

Your class hopes to collect at least 325 cans of food for the annual food drive. There were 132 cans donated the first week and

beks73 [17]

132 + 146 + c should be greater than or equal to 325, and c should be greater than or equal to 47.

4 0

3 years ago

The probability of event A is x, and the probability of event B is y. If the two events are independent, which of these conditio

zzz [600]

If two events are independent, then

$Pr(A\cap B)=Pr(A)\cdot Pr(B)$ .

Use formulas for conditional probabilities:

$Pr(A|B)=\dfrac{Pr(A\cap B)}{Pr(B)},\\ \\ Pr(B|A)=\dfrac{Pr(A\cap B)}{Pr(A)}$ .

For independent events these formulas will be:

$Pr(A|B)=\dfrac{Pr(A\cap B)}{Pr(B)}=\dfrac{Pr(A)\cdot Pr(B)}{Pr(B)}=Pr(A),\\ \\ Pr(B|A)=\dfrac{Pr(A\cap B)}{Pr(A)}=\dfrac{Pr(A)\cdot Pr(B)}{Pr(A)}=Pr(B)$ .

Now in your case $Pr(A)=x,\ Pr(B)=y$ and $Pr(A|B)=x,\ Pr(B|A)=y, Pr(A\cap B)=x\cdot y$ .

This shows that the only correct choice is A.

5 0

3 years ago

Read 2 more answers