Is one of the answer choices no solution because that’s what I got.
Answer:
1.4000
2.5.551
3.6.8
4.10.00
5.4
Step-by-step explanation:
1 4066 as an example start from the end a 5 or more it turns to a zero and the one next to it
so in this case we now have 4100 but since it isn't 5 or more we make it a zero and move on so now we have 4000
sorry if I am wrong I am also an idiot so hopefully this helps for the future :)
There is 5280 feet in 1 mile.
hope this helps
Answer: the value of her investment after 4 years is £8934.3
Step-by-step explanation:
The formula for determining compound interest is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount invested.
t represents the duration of the investment in years.
From the information given,
P = 8000
r = 2.8% = 2.8/100 = 0.028
n = 1 because it was compounded once in a year.
t = 4 years
Therefore,
A = 8000(1+0.028/1)^1 × 4
A = 8000(1+0.028)^4
A = 8000(1.028)^4
A = £8934.3 to the the nearest penny
