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BigorU [14]
3 years ago
6

Work out the balance for £240 invested for 20 years at 7% per annum

Mathematics
1 answer:
Luda [366]3 years ago
5 0

Step-by-step explanation:

It depends in the type on interest

Simple Interest

PxRxT

£240 x 0.07x 3 = £50.4

£240 + £50.4 = £290.4

Compound Interest

Px(1+R)^T

£290.4 x (1 + 0.07)³ = £355.7524872= €355.76

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-5y = -5
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(x + 7)^2 – 11 = 0<br> lesser =<br> greater =
Andreyy89

Answer:

Lesser = -\sqrt{11} - 7 = -10.317

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Step-by-step explanation:

I am assuming you are asking for the lesser x solution and greater x solution.

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Step-by-step explanation:

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