Andy invests £12 000 in a variable rate compound interest account.
The interest is
2% for the first year
3.5% for the second year
5% for the third year

Work out the value of Andy's investment at the end of 3 years.​

Answers

Answer 1

One year later :

[tex]12000 + 12 000 \times \frac{2}{100} = \\ [/tex]

[tex]12000 + 120 \times 2 = [/tex]

[tex]12000 + 240 = 12240[/tex]

That's for first year.

_________________________________

One year later :

[tex]12240 + 12240 \times \frac{3.5}{100} = \\ [/tex]

[tex]12240 + 122.4 \times 3.5 = [/tex]

[tex]12240 + 428.40 = [/tex]

[tex]12668.4[/tex]

That's for second year.

_________________________________

[tex]12668.4 + 12668.4 \times \frac{5}{100} = \\ [/tex]

[tex]12668.4 + 126.684 \times 5 = [/tex]

[tex]12668.4 + 633.42 = [/tex]

[tex]13301.82[/tex]

_________________________________

I think this is the correct answer...

And we're done.

Thanks for watching buddy good luck.

♥️♥️♥️♥️♥️


Related Questions

Martin is building a model. He cuts two pieces of wood that are each 6 1/3 inches long from a board with a total length of 18 inches. What is the length, in inches, of the remaining part of the board?

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Answer:5 1/3

Step-by-step explanation:

PLZ HELP I WILL GIVE BRAINLIEST . 15.24 • 10

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Answer:

Step-by-step explanation:

the answer to this question is 49

Answer:

The answer is 152.4

Step-by-step explanation:

when multiplying a decimal by 10, you simply move the decimal to the right once.

so,

15.24*10= 152.4

hope this helps!!

what value of x makes the following true? 2(x + 10) = 4( 2x - 1)

Answers

Answer:

[tex]x=4[/tex]

Step-by-step explanation:

[tex]2(x+10)=4(2x-1)[/tex]

[tex]2x+20=4(2x-1)[/tex]

[tex]2x+20=8x-4[/tex]

[tex]-6x+20=-4[/tex]

[tex]-6x=-24[/tex]

[tex]x=4[/tex]

ZB
Round your answer to the nearest hundredth.
А
5
B
4
C

Answers

Answer:

The answer is 36.87°

Step-by-step explanation:

Since it's a right angled triangle we can use trigonometric ratios to find the value of B

To find the value of B we use cosine

That's

cos∅ = adjacent / hypotenuse

From the question

adjacent = 4

hypotenuse = 5

We have

[tex] \cos(B) = \frac{4}{5} \\ B = { \cos }^{ - 1} ( \frac{4}{5}) \\ = 36.869897645...[/tex]

We have the final answer as

36.87° to the nearest hundredth

Hope this helps you

Keith needs to drive a total of 18 miles. So far, he has driven 9.4 miles. How many more miles must Keith drive?

Answers

Has to drive 8.6 miles

Compare 6 ⋅ 10^8 to 3 ⋅ 10^6.


6 ⋅ 10^8 is 2,000 times larger than 3 ⋅ 10^6.


6 ⋅ 10^8 is 200 times larger than 3 ⋅ 10^6.


6 ⋅ 10^8 is 20 times larger than 3 ⋅ 10^6.


6 ⋅ 10^8 is 2 times larger than 3 ⋅ 10^6.

Answers

Answer:

20, 2

Step-by-step explanation:  6•10^8 is 20 times larger than 3•10^6. 6•10^8 is 2 times larger than 3•10^6.

Answer:

6 ⋅ 10^8 is 200 times larger than 3 ⋅ 10^6.

Step-by-step explanation:

I honestly have no explanation.

Math Questions please help

Answers

Answer:

do you solve for y or x or anything on these if so, i can do them. i just need them in chat

Step-by-step explanation:

$1.99 for 3 tomatoes

Answers

Answer:

$5.97

Step-by-step explanation:

Multiply 1.99 and 3

$5.97 for the three tomatoes

Find the missing value so that the line passing through the points has the given slope
(10,y) and (3,4) m= -2/7

Answers

Answer:

y = 2

Step-by-step explanation:

Using slope formula and solving for y

m = (y2 - y1)/(x2 - x1)

-2/7 = (4 - y)/(3 - 10)-2/7 = (4 - y)/-72 = 4 - yy = 4 - 2y = 2

Answer:

y = 2

Step-by-step explanation:

Using slope formula and solving for y

m = (y2 - y1)/(x2 - x1)

-2/7 = (4 - y)/(3 - 10)

-2/7 = (4 - y)/-7

2 = 4 - y

y = 4 - 2

y = 2

Help please! I have to do this math test and I dont understand ​

Answers

Answer:

y=1x+1

Step-by-step explanation:

y=1x+1 gradient= 1 and y-intersept = 1

What part of an equation represents the constant rate of change?

Answers

Answer:

equation written in the form Ax + By = C where A and B are coefficients and C is the constant. assigns each input value, one output value. rate that describes how one quantity changes in relation to another quantity. rate of change between any two quantities is the same, or constant.

Step-by-step explanation:

The Slope of the equation represents the constant rate of change.

For example: in the equation [tex]y=3x+9[/tex]      [tex]3[/tex] is the slope

Please help!!! How many pages can be read in 45 minutes? Answer with a decimal point rounded to the nearest tenth if necessary.

Answers

Answer:

157.5 pages

Step-by-step explanation:

First, find your rate. You want to know how many pages you can read per minute. We can use any nuber, but using 2 minutes will be the simplest solution:

2m = 7

---      ---      <---- Here we divide both sides of the equal sign by 2

2        2

m = 3.5 <---- we read 3.5 pages per minute

45 x 3.5 = 157.5 (We multiplied 45 because it's the number of minutes we have, by the 3.5 pages we read each minute. This gives us our total of 157.5 pages in 45 minutes.

A rectangle has dimensions of 1 and 6


Another rectangle was drawn from it using a scale factor of 1.5.What are the side lengths of this image?

b.Another rectangle has an area nine times bigger than the original (the 1x6).What is the scale factor?

Thank you!!!!

Answers

Answer:

a. 1.5 and 9

b. 3

The Charles River in Massachusetts is 130 km long.
How long will it be on a map drawn at the scale 1:2,000,000?

Answers

Answer: 6.5 cm

Step-by-step explanation: 1 km = 100,000 cm, so 130 km= 130,000,00 cm, 130,000,00÷2,000,000=6.5 cm

The Charles river will be "6.5 cm" long. A complete solution is provided below.

On the map,

→ 1 : 2,000,000

As we know,

The conversion of kilometer in to centimeter is:

→ [tex]1 \ km = 100,000 \ cm[/tex]

then,

→ [tex]130 \ km= 130,000,00 \ cm[/tex]

hence,

The river will be:

= [tex]\frac{130,000,00}{2,000,000}[/tex]

= [tex]6.5 \ cm[/tex]

Thus the above answer is the appropriate.

Learn more:

https://brainly.com/question/19023195

You have $1.55 worth of dimes and nickels in a jar. There are 23 coins in the jar. How many dimes do you have? How many nickels do you have

Answers

i believe the answer is 35 dimes and 65 nickels (sorry if i’m wrong lol)

2(x+6)=3(x+1)

Solving equations with variables on both sides. ;)

Answers

Step-by-step explanation:

2(x+6)=3(x+1)

2x+12=3x+3

collect the like terms

2x + 3x = 3+12

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or

2x-3x = 3-12

= -9

Algebra 1. 5(x + 6) – 2x = 3(x + 10)

Answers

Answer:

your answer is 3x+30=3x+30 so they are the same

Step-by-step explanation:

The sum of one and three fifths of a number is at most 42.(i need help with this)

Answers

Answer:

Step-by-step explanation:

Let x=smaller number

Then x+5=larger number

Now we are told the following:

1/5(x+x+5)=x-5 multiply each side by 5

x+x+5=5x-25 subtract 5x and also 5 from both sides

x+x+5-5-5x=5x-5x-25-5 collect like terms

-3x=-30 divide both sides by -3

x=10-----------------------smaller number

x+5=10+5=15 ---------larger number

CK

1/5(10+15)=10-5

1/5(25)=10-5

5=5

which of the following equations are linear?

y=2x - 1/2

y= -1/2x +2

y= -x^2

Answers

Answer:

y=2x-1/2

Step-by-step explanation:

that's the correct anwsers

GIVING BRAINLIEST AND MORE

Answers

Quotient is the result of dividing two numbers

Inverse operations is the opposite operations that undo one another

Dividend is the number being divided

Divisor is the number of parts that the dividend is being dividend into.

Answer:

# 1: Inverse Operations

# 2: Dividend

# 3: Divisor

# 4: Quotient

Maxwell earns $17 per hour tutoring students after school. If Maxwell tutored for 8 hours this month, how much money did he earn this month?

Answers

Answer:

Just do 17 times 8

Step-by-step explanation:

You just need to go into yours phones calculator and put in 17 times 8

Answer: 136

Step-by-step explanation:

17*8=136

the variables x and y are related proportionally. when x = 8,y= 18. find y when x =16

Answers

Answer:

When x=16 y=36 (16,36)

Step-by-step explanation:

Answer:

36

Step-by-step explanation:

x= 8    16

y= 18   #

8/16=18/#

#= 16*18/8(property of proportions)= 36 :)

answer question showing work 4x − 7 ≥ 4

Answers

Answer:

x ≥ 11 /4 Hope this helped <3

Step-by-step explanation:

Let's solve your inequality step-by-step.

4x−7≥4

Step 1: Add 7 to both sides.

4x−7+7≥4+7

4x≥11

Step 2: Divide both sides by 4.

I need help answering this question I dont get it at all. please someone help​

Answers

1)angle 2 and 3

2) angle 8

3)angle 6

Write a system of equations that represents the given equation then find the two numbers

The sum or two numbers is 68. The difference is 12

Answers

Answer:

40 and 28

Step-by-step explanation:

We have two unknown numbers, so let's call them x and y for now.

We know the sum of the two numbers is 68, and the difference is 12, so let's substitute those two numbers for x and y:

x+y=68

and

x-y=12

Because both of these systems are true, we can take both these equations and combine them, by adding each side of one equation with the corresponding side of the other.

So we have:

(x+y)+(x-y)=(68)+(12)

2x=80

x=40

Now we know one of the numbers, x, is equal to 40, so now we can plug that number back into one of the two original equations, x+y=68 or x-y=12. I'll choose x-y=12.

After plugging in x, we get:

40-y=12

-y=-28

y=28

So now we have figured out x and y, which are 40 and 28.

What is the greatest common factor of 24 and 6?

Answers

Answer:

6

Step-by-step explanation:

The factors of 6 are: 1, 2, 3, 6

The factors of 24 are: 1, 2, 3, 4, 6, 8, 12, 24

Then the greatest common factor is 6.

Answer:

6

Step-by-step explanation:

A factor is a number that can be multiplied by another to get the given product. 6 is the largest number that is a factor of both 24 and 6.

6*4=24 and 1*6=6.

Help needed ASAP will give brainliest and 5 star RATE

Answers

The last one number of atoms.

An inchworm is crawling up a tree. It begins 18 inches above the ground and climbs up 3 inches every minute. Let t represent the number of minutes since the worm began climbing. Veronica wants to know when the inchworm will be more than 60 inches above the ground. Which inequality should she use?

Answers

Answer:

Kindly check explanation

Step-by-step explanation:

Given that :

Starting point = 18 inches

Rate or speed = 3 inch per minute

t = number of minutes since climbing began

When will worm be more than 60 inches above the ground.

Height (t) = starting point + (rate * time)

18 + 3t > 60

3t > 60 - 18

3t > 42

t > 42/3

t > 14

Hence, inequality to use is : 60 > 18 + 3t

Solve for x in the following equation:
kx = m + nx

Answers

Answer:

x=[tex]\frac{m}{k-n}[/tex]

Step-by-step explanation:

First you subtract nx from both side getting kx-nx=m.

Then you factor out x getting x(k-n)=m

and now you divide both sides from (k-n) and you will get the answer.

If 5 candy bars cost $3.00, how much will 2 candy bars cost?

Answers

wait nvm

one candy bar costs 0.60 cents

multiply this number by 2 and get $1.20

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