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Flura [38]
2 years ago
14

if £500 is invested for 3 years at a rate of compound interest of 4% per annum how much will be in the account after three years

Mathematics
1 answer:
Hoochie [10]2 years ago
4 0

Answer:

£562.43

Step-by-step explanation:

£500 is invested for 3 years at a rate of compound interest of 4% per annum how much will be in the account after three years

Given data

P= £500

t= 3 years

r= 4%

The expression for the compound interest is given as

A= P(1+r)^t

substitute

A= 500(1+0.04)^3

A= 500(1.04)^3

A= 500*1.124864

A= 562.432

Hence the final amount is £562.43

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Answer: Last Option

P=0.4125

Step-by-step explanation:

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3 years ago
Can someone please help me
PtichkaEL [24]

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Complete the given diagram by dragging expressions to each leg of the triangle. Then, correctly complete the equation to derive
Nimfa-mama [501]

The equation to derive the distance d is \sqrt{(x2-x1)^2+(y2-y1)^2}. The lengths of the other legs of the given triangle are (y2 - y1) and (x2 - x1).

<h3>What is the formula for calculating the distance between two points?</h3>

Consider the two points (x1, y1) and (x2, y2)

The formula used for calculating the distance between the two points is

distance = \sqrt{(x2-x1)^2+(y2-y1)^2}

<h3>Calculation:</h3>

Given that,

The triangle in the graph has vertices (x1, y1), (x2, y2), and (x2, y1)

Since this triangle makes 90°, it is a right-angled triangle.

Hypotenuse = (x1, y1) to (x2, y2), Adjacent = (x1, y1) to (x2,y1), and Opposite = (x2, y1) to (x2, y2).

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And the lengths of the other two legs of the given triangle are,

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= \sqrt{0+(y2-y1)^2}

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Therefore, the derived distances for the given triangle are:

d=\sqrt{(x2-x1)^2+(y2-y1)^2}, (x2 - x1), and (y2 - y1).

Learn more about the distance between two points here:

brainly.com/question/661229

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