Louis invested £2950 in a savings account for 5 years.
He was paid 1.9% per annum compound interest for each of the first 4 years.
He was then paid R% interest for the fifth year.
Louis had £3257 in his savings account at the end of the 5 years.
Work out the value of R.
Give your answer correct to 1 decimal place.​

Answers

Answer 1

Answer:

2.4%

Step-by-step explanation:

Answer 2

The value of R is, 2.4%

What is Simple interest?

A quick and easy method of calculating the interest charge on a loan is called a Simple interest.

Given that;

Louis invested £2950 in a savings account for 5 years.

He was paid 1.9% per annum compound interest for each of the first 4 years.

And, He was then paid R% interest for the fifth year.

Louis had £3257 in his savings account at the end of the 5 years.

Here, We know that;

⇒ Compound interest formula = Capital × (1 + r%) ⁿ

Where, n is time in years.

So, We can formulate;

⇒ £2950 × (1 + 0.019)⁴

⇒ £3180.67

And, For calculate R;

⇒ £3180.67 × (1 + R%)⁵ = £3257

⇒ R = 2.4%

Learn more about the simple interest visit;

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Related Questions

Please help me. 25 points.

Answers

Rounding to the nearest tenth is 5 and the height is 9 inches
8 inches = 4.5(4) = 18 feet

2/2 = 4.5/2 = 2.25 feet


Which means, if we add the product and quotient up, we’ll get 20.25 feet for the total height.


I believe it’s already rounded up.

2x+3 = 13
Bdnsmsñsl n bb bx

Answers

Answer:

the answer is =  5

2x=10 is the resukt of the substraction pn top but since we ended up with2x=10 we gotta divide by to in order to leave x alone so once we divide the final answer of equation is X=5

Please answer!!
6.7.32
For what value of x is the given parallelogram a
rhombus?
(6x +13)
(9x-5)
The given parallelogram is a rhombus when x=

Answers

Answer:

x = 6

Step-by-step explanation:

(9x - 5)° = (6x +13)°

9x - 5 = 6x + 13

9x - 6x = 13 + 5

3x = 18

x = 18/3

x = 6

The given parallelogram is a rhombus when x = 6

The value of 'x' for which the parallelogram will be a rhombus is x = 3.

What is a rhombus?

A quadrilateral with all equal sides is a rhombus.

Rhombuses are a particular kind of parallelogram in which all of the sides are equal since the opposite sides of a parallelogram are equal.

A rhombus has 360° of interior angles total.

A rhombus's adjacent angles add up to 180°.

A rhombus's diagonals are perpendicular to one another and cut each other in half.

One more property of rhombus is that the diagonals bisect the originating angles.

Therefore, The values of 'x' for which this parallelogram will be a rhombus is, 6x + 13 = 9x - 5.

6x - 9x = - 5 - 13.

- 3x = - 18.

3x = 18.

x = 6.

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What is the area of this figure?

Enter your answer as a decimal in the box.

Answers

Answer:

137.5 cm²

Step-by-step explanation:

Triangle + parallelogram = (11*7) /2 + (11*9) = 38.5 + 99 = 137.5

I’m am answering this question so that the other person can get a brainliest

In Vindales wig shop 1/4 of the wigs are blonde and 1/4 of wigs are brunette. What fraction of the wigs are either blonde or brunette?

Answers

Answer:

The answer is 2/4

Step-by-step explanation:

Answer to get marked brainiest!

Answers

Answer:

D

Step-by-step explanation:

D. He should keep flipping :)

Please answer!
Find EF in the trapezoid.
EF=
(Everything in picture above)

Answers

Ed because 2 and 8 are equal

4x – y = 7 3y – 12x = –21

Answers

Answer:

y= 4x − 7 or 0=0

Step-by-step explanation:

4x−y+−4x=7+−4x

the answer is y=4x-7

Dylan's hiking club is planning to stay overnight at a camping Lodge. Each large room can hold 15 hikers. There are 178 hikers. How many rooms will they have?

Answers

Answer:

12

Step-by-step explanation:

u will need 12 rooms because 15 hikers per room so 178 divided by 15 equals 11.87 so just round that up to 12

Please help me find the area of the triangle in terms of x!

Answers

Answer:

[tex]Solution,\\Area~of~triangle=\frac{1}{2} (base)(height) = \frac{1}{2}(2x+\frac{1}{4}) (x-8)\\~~~~~~~~~~~~~~~~~~~~~~~~ =\frac{1}{2}[2x^2-16x+\frac{1}{4}x-\frac{1}{4}(8)]\\ ~~~~~~~~~~~~~~~~~~~~~~~~ =\frac{1}{2}[2x^2-\frac{63}{4}x - 2]\\~~~~~~~~~~~~~~~~~~~~~~~~=x^2-\frac{63}{8}x-1[/tex]

How much do you need to subtract from 31/6 to make 5

How much do you need to subtract from 43/10 to make 4

What do you add to 3 1/8 to make 5

What do you add to 2 1/7 to make 4

What do you add to 4 4/9 to make 6

Thank you <3

Answers

Answer:

1/6

3/10

1 7/8

1 6/7

1 5/9

should be anyway

what is the measure of each interior angle of a regular 12-gon?

Answers

Answer:

Once you know the sum, you can divide that by 12 to get the measure of each interior angle: 1800°/12 = 150°

Step-by-step explanation:

Answer:

150°

Step-by-step explanation:

Corollary to the Polygon Angle-Sum Theorem (n-2)180/n

(12 - 2)180 / 8

(10)180= 180 / 8

180/8 = 150°

Jose paid $4.98 in sales tax on an item that cost $62 before tax. At that rate, how much would he pay in sales tax for an item that costs $28.00 before tax?

Answers

Answer:

net price is without  tax

gross with tax

Any one please help:)

Answers

Answer:

45 total riders

Step-by-step explanation:

Given the equation, t = 5s, where,

t = total riders

s = number of bus-stops

If it picked up 9 bus-stops, to find the total number of riders, substitute s = 9 into the equation.

Thus:

t = 5(9)

t = 45

Please help!! I’m really confused. :/

Answers

Answer:

the answer is 17

Step-by-step explanation:

1 3/4x10 1/4= 17

this is just a guess

Answer:

I think the answer is 17.

Step-by-step explanation:

Hopefully I am right and you have great rest of your day!! :)

Hey is this math problem be completely factored?
5(m^2+9m)

Answers

Answer: Yes!

Step-by-step explanation:

Nothing has been distributed because there is still 5(m^2+9m) which would mean it has not been multiplied by anything yet.

A group of 64 children and 24 adults will travel to a zoo in vans. There will be 8 people in each van. How many vans will be needed to take the group to the zoo

Answers

Answer:

11

Step-by-step explanation:

Given that :

Number of adults = 24

Number of children = 64

Number of people per van = 8

Number of vans required :

Total number / number per van

(64 + 24). / 8

= 88 / 8

= 11 vans

At smiths bike rentals it cost $19 to rent a bike for 4 hours how many dollars does it cost per hour

Answers

Answer:

$ 4.75

Step-by-step explanation:

You have to divide 19 by 4 which is 4.75. Since it's asking how many dollars, the answer might be a decimal. You can check the answer by multiplying 4.75 by 4. Showed my work below.

Three times a number, minus 7, is equal to two times the number, plus 8. Find the number.

Answers

Answer:

x = 14

Step-by-step explanation:

Answer:

x=15

Step-by-step explanation:

3x-7=2x+8

3x15=45-7=38

2x15=30+8=38

38=38

The numbers 1 through 10 are
written on individual cards and
placed in a bag. If you reach
into the bag and grab one card,
what is the probability that you
will grab the number 2 card?

Answers

Answer:

1/10

Step-by-step explanation:

SInce there are a total of 10 cards and only one card with the number 2, then out of the ten cards you only have a 1/10 chance of grabbing the number 2 card! Hope this helps :)

3x-12=-4×+23
I need help with this pr​

Answers

Answer: Not sure if the second one is times or just the variable x, i assume its the variable x. Answer:

x=5

Step-by-step explanation:

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

3x−12=−4x+23

Step 1: Add 4x to both sides.

3x−12+4x=−4x+23+4x

7x−12=23

Step 2: Add 12 to both sides.

7x−12+12=23+12

7x=35

Step 3: Divide both sides by 7.

7x

7

=

35

7

x=5

Answer:

x=5

i’m sorry if i’m wrong but i think the answer is 5

which ordered pair is a solution of the equation ?

Answers

Answer:

neither

Step-by-step explanation:

both answers is not the solution

of the x would be: (74,0)

and from the y is: (0,-7)

WILL GIVE BRAINLIEST, please hurry!!!

Which expressions have an estimated value that is close to 9? Check all that apply.

A. 1/9 x 9
B. 2/7 x 6.5
C. 3/5 x 14.8
D. 3/4 x 12.47
E. 4/5 x 19.31

Answers

Answer:

3/5*14.8=8.88

Step-by-step explanation:

3/5=0.6. 0.6*14.8 = 8.88

the perimeter of a rectangle is 52 cm. The length of the rectangle can be represented by (x.+5) and its width can be represented by (3x-7) what are the dimensions of this rectangle?

Answers

Answer:

Length=11

Width=11

Step-by-step explanation:

P (perimeter) is 52 so

2(x+5)+2(3x-7)=52

then

2x+10+6x-14=52

8x-4=52

8x=48

x=6

so

F(x) = 3 x 2 − 3 x − 6 The domain of a the function f(x) is { -10, -1, 1, 5 }. What is the range of the relation?

Answers

Answer:

{324, 0, -6, 54}

Step-by-step explanation:

Given that F(x) = 3x² − 3 x − 6 If the domain of a the function f(x) is { -10, -1, 1, 5 }.

To get the range, we will find f(x) for all the domains

at x = -10

f(-10) = 3(-10)²-3(-10) - 6

f(-10) = 3(100)-3(-10) - 6

f(-10) = 300+30-6

f(-10) = 330-6

f(-10) = 324

at x = -1

f(-1) = 3(-1)²-3(-1) - 6

f(-1) = 3(1)-3(-1) - 6

f(-1) = 3+3-6

f(-1) = 6-6

f(-1) = 0

at x = 1

f(1) = 3(1)²-3(1) - 6

f(1) = 3(1)-3(1) - 6

f(1) = 3-3-6

f(1) = 0-6

f(1) = -6

at x = 5

f(5) = 3(5)²-3(5) - 6

f(5) = 3(25)-3(5) - 6

f(5) = 75-15-6

f(5) = 60-6

f(5) = 54

Hence the range of the relation are {324, 0, -6, 54}

Helpppp Find the value of x !

Answers

Answer:

HERE IS YOUR ANSWER!

Step-by-step explanation:

from the basic knowledge of Angels in a trapezium

115 + 18 y + 10y + ( 3y + 6) = 360

31y + 120 = 360

31y = 320-120

31y = 240

y = 240/31

y = 7.74

PLEASE HELP ! (no fake answers)

Answers

Answer:

lol

Step-by-step explanation:

Solve for b.

7.6 − 7.4 = b

Answers

Answer:

.2 = b

Step-by-step explanation:

7.6 - 7.4 = .2

therefore, .2 = b

plz mark me brainliest

What the person said above me is correct

Rayshawn is filling his water jug with water. After one minute, there are 2 gallons
of water in the jug. After two minutes, there are 5 gallons of water in the jug.
After three minutes, there are 8 gallons of water in the jug. If this pattern
continues, how many gallons of water will be in the jug after five minutes?

Answers

Answer:

There will be 20 gallons in this jug after 5 minutes.

Step-by-step explanation:

You are simply adding 3 to each number.

Starts out with 2

+3=5

+3=8

+3=11

+3=14

+3=17

+3=20

Answer:

After 5 minutes there will be 14 gallons of water.

Step-by-step explanation:

The gallons go up by 3. 2+3= 5+3= 8+3= 11+3= 14

Split 63 into the ratio 4:3

Answers

Answer:

36 and 27

Step-by-step explanation:

4+3=7

63/7=9

9x4=36

9x3=27

Answer:

Step-by-step explanation:    63'ü 3'e bölücez  sonuç 21 çıkar  21 ile 4'ü çarpicaz  sonuç 84  çıkar ne kadar döğru bilmiyorum ama bence böyle

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