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
Answer:
d. interquartile range
Step-by-step explanation:
the iqr measures the first, second, and third quartile, and the median.
Answer:
7
Step-by-step explanation:
The left hand limit is when we approach zero from left. We use the function on this domain in finding the limit.
The right hand limit is
Since the left hand limit equals the right hand limit;
Answer:
$ 71.5
Step-by-step explanation:
firstly kilometer to meters
<em>1 km = 1000 m </em>
therefore 3 km = 3000m
for the first 500 = $40
hence deduct the 500 from 3000m
3000 - 500 = 2500
now find out how many 300m go into 2500
2500 / 300 = 8.33
which is rounded up to 9
therefore the total amount is :
40 + 9 * 3.5
<u>= $71.5</u>
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