Invested amount (P0 = £6000.
Rate of interest (r) = 3.4% = 0.034.
We know compound interest formula
A = P(1+r)^t
We need work out the value of his investment per year.
So, we need to plug t=1 and plugging values of P and r in the formula above, we get
A = 6000(1+0.034)^1
A = 6000(1.034)
A = 6204.
<h3>Therefore, the value of his investment per year is £ 6204.</h3>
Now, we need to work out the value of his investment after 3 years.
So, we need to plug t=3.
A = 6000(1+0.034)^3
A = 6000(1.034)^3
1.034^3=1.105507304
A = 6000 × 1.105507304
A = 6633.04
<h3>Therefore, the value of his investment after 3 year is £ 6633.04.</h3>
Answer:
The correct option is;
D) 62 in²
Step-by-step explanation:
Here we have from the drawing, the dimensions of the right rectangular prism are;
Height = 2 in.
Width = 5 in
Length = 3 in
Therefore the surface area is found as follows;
Surface area of right rectangular prism = 2 × Height × Width + 2 × Height × Length + 2 × Width × Length
Surface area of right rectangular prism = 2 × 2 × 5 + 2 × 2× 3+ 2 × 5× 3 = 20 + 12 + 30 = 62 in².
Answer:
<h2>interest on saving accounts</h2><h2 />
Step-by-step explanation:
Answer:
3 gallons
Step-by-step explanation:
Each wall 12 x 20 = 240 feet squared
4 walls = 4 x 240 = 960 squared feet
960 divided into 320 = 3
1 gallon --------320
1 gallon------------320
1 gallon-----------320
3 gallons----------960
