Answer:
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Answer:
The value of Mary's investment after two years = £12362.7
Step-by-step explanation:P = Principal / initial amountR = rate of interest per cent per yearT = number of yearsA = final amount at the end of T yearsThen:A = P*(1 + R/100)^2In our example:P = £12000R = 1.5 per cent per yearT = 2 yearsThus:A = 12000*(1 + 1.5/100)^2 = 12000*(1 + 0.015)^2 = 12000*(1.015)^2 = 12000*(1.030225) = 12362.7Value of investment after two years = £12362.7
Idk what are your questions?
Answer:
Step-by-step explanation:
64. It takes 3 1/3s to make a whole, or 1. 1/3 * 64 = 24
