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kozerog [31]
3 years ago
8

if £2000 is placed into a bank account the pays 3percent compound interest per year, how much will be in the account after 2 yea

rs
Mathematics
1 answer:
Nastasia [14]3 years ago
8 0

Answer:

£2,120.00

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 3%/100 = 0.03 per year.

Solving our equation:

A = 2000(1 + (0.03 × 2)) = 2120

A = $2,120.00

The total amount accrued, principal plus interest, from simple interest on a principal of £2,000.00 at a rate of 3% per year for 2 years is £2,120.00.

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In this case, we must use trigonometry to find the value of x:

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2 years ago
The Rawesome Cafeteria manufactures round metal tabletops for restaurants. The machinist uses ¼ sheet of metal for each tabletop
Serjik [45]
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5 0
3 years ago
Please help im struggling and it’s due in 30 minutes
MAXImum [283]
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Sally painted a picture that has an area of 480 square inches. The length of the painting is 1 1/5 as long as it is wide. What a
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3 years ago
Can someone please help me?
Allisa [31]

Answer: you got this

Step-by-step explanation: YOU WILL NEVER SUCCEED IF YOU DON’T TRY

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