Answer:
<h2>£1,330.46</h2>Step-by-step explanation:
Using the compound interest formula
A = amount compounded after n years
P = principal (amount invested)
r = rate (in %)
t = time (in years)
n = time used to compound the money
Given P = £1200., r = 3.5%, t = 3years, n = 1 year(compounded annually)
Value of Charlie's investment after 3 years is £1,330.46
Answer:
The capacity of the mug = cups
Step-by-step explanation:
Given - A mug is 1/8 full. The mug contains 1/6 of a cup of water.
To find - Find the capacity of the mug. Write the answer as a fraction or mixed number
Proof -
Let the capacity of water = x
Given that,
A mug is full of water
⇒Total cups of water in the mug =
Now,
Given that, The mug contains of a cup of water.
∴ we get
=
⇒x = × 8
=
= =
⇒x =
∴ we get
The capacity of the mug = cups