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guapka [62]
2 years ago
12

If £2000 is placed into a bank account that pays 3% compound interest per year how much will be in the account after two years

Mathematics
1 answer:
taurus [48]2 years ago
6 0

Answer:

£2121.8

Step-by-step explanation:

2000 X 1.03 X 1.03 = 2121.8

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23 × 536 = 12328
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Plot the following points on a xy-plane.<br> (5,2) , (-2, 1) , (-1,-3)
aliya0001 [1]

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Step-by-step explanation:

6 0
3 years ago
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The population of a particular city is given by the function P(t) = 27,400(1.07)t, where t is the time in years and P(t) is the
otez555 [7]

Answer:

27,400 is the current population

7% is the rate of increase

The new size is:

  • 38,430 is the population if t is an exponent
  • 146,590 is t is NOT an exponent in the formula you typed

Step-by-step explanation:

To find the population in a future year, use the formula:

P(t) = 27,400(1.07)t

Substitute the value t=5 to find the population in 5 years.

P(t) = 27,400(1.07)t\\P(t) = 27,400(1.07)(5)\\P(t) = 146,590


Or if the equation is supposed to have t as an exponent then look below:

P(t) = 27,400(1.07)^t

Substitute the value t=5 to find the population in 5 years.

P(t) = 27,400(1.07)^t\\P(t) = 27,400(1.07)^(5)\\P(t) = 38,430

This formula is based off the standard formula A=A_0(1+r)^t so r, the rate is 1.07=1+0.07 so r is 7%.

A_0 is the starting population which is 27,400 here.

4 0
3 years ago
Ay help its easy pleaseeee.
pickupchik [31]

Answer:

425ft.

Step-by-step explanation:

Just add 395 and 30 together.

Hope this helps. Pls give brainliest!

5 0
2 years ago
Read 2 more answers
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