1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iogann1982 [59]
2 years ago
8

Mary invests £12000 in a savings account. The account pays 1. 5% compound interest per year. Work out the value of her investmen

t after 2 years
Mathematics
1 answer:
mestny [16]2 years ago
4 0

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

You might be interested in
Calculate the upper and lower limit for a 95% confidence interval about this mean. a family needs a new car, but isn't sure they
Ket [755]
<span>Answer: Where:
θ = confidence value
n = number of observations
μ = mean
Θ = standard deviation
... then your interval will be:
μ - θΘ/√n ≤ X ≤ μ - θΘ/√n
For some reason they want you to calculate the standard error, which is the Θ/√n section, and I mentioned the 1.96 value, so the above equation simplifies to: μ - 1.96SE ≤ X ≤ μ - 1.96SE</span>
8 0
3 years ago
Solve the system of equations <br><br> 2r - 6y= 28<br> -x-y = 14<br><br><br> PLEASE HELP
o-na [289]

Answer:

\displaystyle [-7, -7]

Step-by-step explanation:

{2x - 6y = 28

{−x - y = 14

−⅙[2x - 6y = 28]

{−⅓x + y = −4⅔

{−x - y = 14

____________

\displaystyle \frac{-1\frac{1}{3}x}{-1\frac{1}{3}} = \frac{9\frac{1}{3}}{-1\frac{1}{3}} \\ \\

x = -7[Plug this back into both equations above to get the y-coordinate of −7]; \displaystyle -7 = y

I am joyous to assist you anytime.

3 0
3 years ago
The population of a bacteria after x number of hours is modeled by the expression 1 , 000 ( 0 . 75 ) x . What is the rate of dec
DerKrebs [107]

Answer:

A. 25%

Step-by-step explanation:

If you multiply something by 0.75, you're multiplying it by 75%, and that means you're losing 25% each time, so the rate of decay is 25%

7 0
3 years ago
Read 2 more answers
Solve the following system of equations. 2x + y = 3 x = 2y - 1 Make sure there are NO SPACES in your answer. Include a comma in
Natalka [10]
2x + y = 3
x = 2y - 1

solve for y in the first equation;
2x + y = 3
y = 3 - 2x 

x = 2y - 1
x = 2(3 - 2x) - 1
x = -4x + 5

solve for x;
x = -4x + 5
x + 4x = 5
5x = 5
x = 1

solve for y;
y = 3 - 2x
y = 3 - 2(1)
y = 1

the answer is: x = 1, y = 1

hope this helps, God bless! 
8 0
3 years ago
What number must you add to complete the square x^2+4x=15
Andrew [12]
Since we want it in the form: (x - a)², let's first expand (x - a)² and then equate for the coefficients.

(x - a)² = x² - 2ax + a²
x² + 4x - 15 = x² - 2ax + a²

Now, let's focus on the middle term.
4x = -2ax
4 = -2a
a = -2

Thus, we know that a = -2
Then, we can say (x + 2)² = x² + 4x - 15
x² + 4x + 4 = x² + 4x - 15
Thus, 19 units are needed in order to complete the square to produce:
(x + 2)²
6 0
3 years ago
Other questions:
  • Which interval contains a local minimum for the graphed function?
    5·2 answers
  • Calculate the primeter and area for each figure
    11·1 answer
  • I need help setting it up and solving it but mostly setting it all up please and thank you ?!!!i need help asap!!!!!
    13·1 answer
  • Write this number:<br>7 thousands, 4 tens, 8 ones, 5<br>hundreds​
    9·2 answers
  • Alloy C is made from some part of Alloy A and Alloy B. Alloy C, which weighs 400 ounces and has 40% aluminum, is obtained from m
    14·1 answer
  • Write a point-slope form equation of each line given the slope and y-int.
    9·1 answer
  • (maybe) Useless question #3 (or 4)!
    5·2 answers
  • Give me a complete and managed answer.​
    15·2 answers
  • WILL MARK BRAINLIEST
    14·1 answer
  • 95 students were asked to name their favorite pizza topping. how many said pineapple?1. Cheese 8%2. Sausage 19%3. Pepperoni 52%4
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!