Answer:
The product of 
is 
Step-by-step explanation:
We need to find the product of
Using the exponent rule: 
So,
Applying above rule:
So, the product of is
24,610. All you have to do is multiply 5 and 4,852 and add 150.
Answer:
The value of Liam's investment at the end of 4 years is £9069.764
Step-by-step explanation:
Compound interest is interest calculated on the initial principal, which also includes all of the accumulated interest of previous periods of an investment.
We multiply the principal amount by one plus the annual interest rate to the power of the number of compound periods to get a combined figure for principal and compound interest.
4.5% in the first year;
4.5/100 = 0.045
(1 + 0.045) × 8000 =
1.045 × 8000 = £8360.
2.75% for all subsequent year;
2.75/100 = 0.0275
1 + 0.0275=1.0275
Number of years is;
4-1=3years
Therefore,
8360 × (1.0275)^3 =
8360 × 1.0849 = £9069.764
Answer:
-9
Step-by-step explanation:
Answer:
What the question
Step-by-step explanation:
