Answer:
See attachment below
Step-by-step explanation:
Answer:
5.45 hours.
Step-by-step explanation:
The formula =
P = P0(10)t
In this circumstance, P0 = 275, P = 15,000 and t = ?
Applying the values into the formula:
P = P0(10)t
15,000 = 275 × (10) × t
15,000 = 2750t
t = 15,000/2750
t = 5.45 hours
Answer:
£231.85
Step-by-step explanation:
→ Work out the decimal multiplier
( 3 + 100 ) ÷ 100 = 1.03
→ Multiply the initial investment by the multiplier raised to the power of years
200 × ( 1.03 )⁵ = £231.85