Answer:
Step-by-step explanation:
We need to find the value of 
Solving:
We know, 
a^0 = 1
so,
So, the value of
Answer:
<h2>
£1,330.46</h2>
Step-by-step explanation:
Using the compound interest formula 
A = amount compounded after n years
P = principal (amount invested)
r = rate (in %)
t = time (in years)
n = time used to compound the money
Given P = £1200., r = 3.5%, t = 3years, n = 1 year(compounded annually)
Value of Charlie's investment after 3 years is £1,330.46
Answer: the answer is 5.40
Answer: it will take 25 months
Step-by-step explanation:
Let x represent the number of months that it will take for the cost of both plans to be the same.
Cell phone Plan A costs $70 per month and comes with a free $500 phone. This means that the total cost of x months with plan A would be
70 × x = $70x
Cell phone plan B costs 50 per month but does not come with a phone. If you buy the 500 phone and choose plan B, then the total cost of x months with plan B would be
500 + 50 × x = 500 + 50x
To determine the number of months until your cost is the same as Plan A's, we would equate both costs. It becomes
70x = 500 + 50x
70x - 50x = 500
20x = 500
x = 500/20 =25
