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dimaraw [331]
3 years ago
10

If £2000 is placed into a ban account that pays 3% compound interest per year how much will be in the account after 2 years

Mathematics
1 answer:
NikAS [45]3 years ago
6 0

Answer:£2121.8

Step-by-step explanation:

Given

Principal money P=£2000

rate of interest is  R=3\%

time period T=2\ yr

The amount by compound interest is given by

A=P[1+\frac{R}{100}]^T

Putting values

\Rightarrow A=2000[1+0.03]^2\\\Rightarrow A=2121.8

So, after two years it will be £2121.8

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Ainat [17]

Answer:

The number of sweets each friend gets = 5

Step-by-step explanation:

The number of sweets s that each friend gets = the number of sweets in a box n ÷ number of friends f the sweets are shared between

s = n ÷ f

s = n/ f

if there are 60 sweets and 12 friends.

That is,

n = 60 sweets

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Find s,

s = n/ f

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s = 5 sweets

The number of sweets each friend gets = 5

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4 years ago
CAN SOMEONE HELP ME PLEASE ASAP!
nexus9112 [7]

Answer:

2 and 3

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3 years ago
Abby owns a comic book that originally sold for 12¢ in 1969. In 2014, the comic book had an appraised valued of $3,700. Given th
Trava [24]

Hi,

Answer: B) 25.82%

<u>My work:</u> For this problem you can easily achieve this problem (Preferably with a caculator) by taking the date’s 2014 and 1969 the time of growth and subtract them. When you do this you get the answer 45. From there you you take 45 (With caculator) and multiply it with 25.82 % (To do this you take 25.82 and press 2nd, then the percent). When you do this you get 11.619 which rounded is 12; furthermore, which is your answer.

I Hope I Helped!

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4 years ago
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Answer:

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Step-by-step explanation:

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