To get the equivalent yearly increase of x% we use the compound formula given by:
A=P(1+r/100)^t
where:
A=amount, P=principle, r=rate, t=time
from the question:
A=£95000, P=£80000, r=x%, t=5 years
hence plugging the values we obtain:
95000=80000(1+x/100)^5
simplifying the above we obtain:
1.1875=(1+x/100)^5
1.03497=1+x/100
0.03497=x/100
thus
x=3.497~3.5%
Hope this helps! The last one is all numbers because the one equation is already equal to the other equation.
Answer:
O 3 +9i
Step-by-step explanation:
Your answer would be 49.378 meters
Answer:
x = 6
Step-by-step explanation:
y becomes 4x + 6 due to substitution
4x + 6 = 4x + 6
6 = 6
x = 6