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
Answer:
A = 360
B= 180
C=270
Step-by-step explanation:
Answer:
<h3>The slope of the line is 1</h3>
Step-by-step explanation:
The slope of a line is found by using the formula

where
m is the slope and
(x1 , y1) and ( x2 , y2) are the points
Substituting the above values into the above formula we have
Slope of the line that passes through
(0,1) and (-8, -7) is

<h3>The slope of the line is 1</h3>
Hope this helps you