Answer:
The value of Mary's investment after two years = £12362.7
Step-by-step explanation:
P = Principal / initial amount
R = rate of interest per cent per year
T = number of years
A = final amount at the end of T years
Then:
A = P*(1 + R/100)^2
In our example:
P = £12000
R = 1.5 per cent per year
T = 2 years
Thus:
A = 12000*(1 + 1.5/100)^2
= 12000*(1 + 0.015)^2
= 12000*(1.015)^2
= 12000*(1.030225)
= 12362.7
Value of investment after two years = £12362.7
Answer: 1.62225 x 10^-2 or 0..0162225
Step-by-step explanation:
The 2 numbers can be: 0.0041 and 0.0045
Answer:
Request for an allowance
Step-by-step explanation:
You have to persuade, that you want money. They aren't just going to give it to you.