Answer: £122.4
Step-by-step explanation:
Given
The rate of interest is 4%
The principal invested is £1500
the time period is 2 years
Compound interest is given by

put values
![C.I.=1500(1+0.04)^2-1500\\C.I.=1500[1.04^2-1]\\C.I.=1500[1.0816-1]\\C.I.=1500\times 0.0816\\C.I.=122.4](https://tex.z-dn.net/?f=C.I.%3D1500%281%2B0.04%29%5E2-1500%5C%5CC.I.%3D1500%5B1.04%5E2-1%5D%5C%5CC.I.%3D1500%5B1.0816-1%5D%5C%5CC.I.%3D1500%5Ctimes%200.0816%5C%5CC.I.%3D122.4)
Therefore, interest earned is £122.4
Your answer would be $1.89
You take 11.34 and divide it by 6. After that you’ll be 1.89 as your unit price.
1.89 is how much for 1 pound
Answer:
y= 250( 1-0.21)^x
Step-by-step explanation:
This represents exponential decay
I believe the answer is b