Answer:
Step-by-step explanation:
Let P denotes principal amount, T denotes time period and R denotes rate of interest.
Amount =
Amir pits £3035 into a bank account. The account pays 4% compound interest each year.
Put
Amount =
Therefore, Amir will have in the account after 6 years.
Given parameters:
Current population = 530,300 people
Growth rate = 0.8% per year
Unknown
Population in 15 more years = ?
To solve this problem, we must compound the increase per year.
This implies that we treat the problem like that of a compound interest.
Since we know that population increases by 0.8%,
it is similar to 1 + = 1.008 increase
Now the population in 15years will be;
530300 x (1.008)¹⁵ = 597626 people
So, the population after 15yrs is 597626 people
Answer:
a. 96 square units
Step-by-step explanation:
The figure is a rectangle with width AB = (20-12) = 8 units and height BC = (20-8) = 12 units.
The area of the rectangle is (8 units)×(12 units) = 96 square units.
