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ycow [4]
3 years ago
14

Please help i’m scared of my teacher :(

Mathematics
1 answer:
Klio2033 [76]3 years ago
4 0
Hahahhahahahahahhahahahahhahah
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Northern Bank has two types of account. Both accounts pay compound interest. Cash savings account Interest 2.5% per annum Shares
musickatia [10]

Answer: Ben will have the most interest.

Step-by-step explanation:

Ali after 3 years.

To use compound interest, the formula is:

= Investment * ( 1 + rate) ^ no. of periods

= 2,000 * ( 1 + 2.5%)³

= £‭2,153.78

Interest = Amount after 3 years - investment

= 2,153.78 - 2,000

= £153.78

Ben after 3 years.

= 1,600 * (1 + 3.5%)³

= £1,773.95

Interest = 1,773.93 - 1,600

= £173.93

4 0
3 years ago
£35.50 for the first day then £18.25 for each extra day the total cost of hiring the machine was £ 163.25 how many day dose Mart
BabaBlast [244]

y = number of days
35.50 + 18.25 y  = 163.25

18.25 y = 163.25 - 35.50

18.25y = 127.75

y = 127.75 / 18.25

y = 7

so Martin has hired the machine for 8 days

( first day paid 35.50), then 7 days for 18.25

8 0
3 years ago
Kevin wants to buy his mom a $35 necklace if the necklace is 40% off, how much will Kevin have to pay?
Sliva [168]

Answer:

21

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
The function f(x)=501170(0.98)x gives the population of a Texas City x years after 1995. What was the population in 1995?
galina1969 [7]

Answer:

The population of a Texas City in 1,995 was 501,170\ people

Step-by-step explanation:

we have

f(x)=501,170(0.98^{x})

we know that

The population in 1,995 is for x=0

so

substitute the value of x=0 in the function f(x)

f(0)=501,170(0.98^{0})=501,170\ people

4 0
4 years ago
How much would $500 invested at 6% invested compounded monthly be worth after 5 year? Round your answer to the nearest cent.
sweet-ann [11.9K]
500(1+0.06/12)^60=???????
8 0
3 years ago
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