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
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Matt's steps will be more complicated since Annie is using a program to do the constructions hers would probably be precise and easy.
Step-by-step explanation:
.......................................................... (2×3)+(6×3)
Answer
19 people
Step by step explanation
C=pi d
C= 3.14(36)
C= 113.04
113.04 divided by 6 equals 18.84 or 19 people
Answer:
-1/4
Step-by-step explanation:
if you convert 3/4 to decimals it would be 0.75. and 0.75 - 1.00 = 0.25. -0.25 is equal to -1/4.
