Perrie invests £25000 for 3 years in a saving account. She gets 2.7% per annum compound interest. Calculate the total amount of interest perrie will get after 3 years.

Answers

Answer 1

Answer:

I (interest) = £ 2,080.17

Step-by-step explanation:

Perrie invests £25000 for 3 years in a saving account. She gets 2.7% per annum compound interest. Calculate the total amount of interest perrie will get after 3 years.

To solve the above question, we would use the Periodic compound interest formula

A = P(1 + r) ^t

Where P = Principal = £25000

r = Interest rate = 2.7 % = 0.027

t = time in years = 3 years

Hence:

A = £25,000( 1 + 0.027)³

A = £27,080.17

A = P + I where

P (principal) = £ 25,000.00

I (interest) = £27,080.17 - £ 25,000.00

I (interest) = £ 2,080.17

The total amount of interest perrie will get after 3 years is £ 2,080.17


Related Questions

What is the sum of the next two numbers in the pattern below:

169,120,84,59,43,_,_

Answers

Answer:

64

Step-by-step explanation:

its subtracting the square of the numbers

169-7²= 120

120-6²=84

84-5²=59

59-4²=43

43-3²=34

34-2²=30

so the sum is 64

Please please PLEASE HELP I NEED IT RNNNNNN

Answers

Answer:

-2 is the answer

Step-by-step explanation:

Answer:

-2

Step-by-step explanation:

-6-(x+3)/y

x = -5

y = 2

-6-(-5 + 3)/2

-6-(-2)/2

-6 + 2/2

-4/2

-2

please help me on this!

Answers

Answer:

1) Jina is not a member of the Music Club.

2) Three students are a member of the Music Club but not the Math Club.

3 Mary and Dan are in all three clubs.

Step-by-step explanation:

Look at the diagram and notice how each club has its own circle. If a student is in that circle, then they are a member of that club. When circles overlap, that overlap space means that a student is a member of two or all three clubs, depending on how many and which circles overlap.

1) Looking at Jina's location on the diagram, she is in the overlap between the math and chess club circles. However, her position does NOT overlap with the Music Club circle, therefore she is not a member of the Music Club.

2) Let's look at the students of the Music Club circle and its overlaps with the Chess Club circle, but NOT the overlaps with the Math Club circle. We can see that Lucy, Josh, and Juan are in these locations, therefore there are three students who are members of the Music Club but not the Math Club.

3) To find which students are in all three clubs, you would look at the middle of the diagram where all three circles overlap. The students listed in this location are Mary and Dan, therefore they are in all three clubs.

You make $5 an hour in tips working at a restaurant and $7 an hour in tips working at a landscaping
company

In one week, you work 15 hours and you earn $97. Write system of linear equations to determine
the number of hours you work at each job.

Answers

Answer:

5x + 7y = 97

x + y = 15

The solution to these equations is (4,11)

Step-by-step explanation:

Aubree invested $4,400 in an account paying an interest rate of 2.4% compounded
quarterly. Assuming no deposits or withdrawals are made, how long would it take, to
the nearest tenth of a year, for the value of the account to reach $6,880?

Answers

Answer:

We conclude that the time required to get  a total amount of $6,880.00  from compound interest on a principal of $ 4,400.00  at an interest rate of 2.4% per year  and compounded 4 times per year  is 18 years and 8 months.

Step-by-step explanation:

We know the formula

[tex]A\:=\:P\left(1\:+\:\frac{r}{n}\right)^{nt}[/tex]

where

A denotes the Accrued Amount (principal + interest) P denotes the Principal Amount r denoted the Annual Interest Rate t denotes the Time Period in yearsn denotes the number of compounding periods per unit t

Given

Total amount A = $6,880

Principle amount P = $4,400

Interest Rate r =  2.4% = 0.024 per year

Compounded quarterly = n = 4

Thus, the time period can be fetched using  the simplified-derived equation suchs as:

t = ln(A/P) / n[ln(1 + r/n)]

substituting the values

t = ln(6,880.00/4,400.00) / ( 4 × [ln(1 + 0.006/4)] )

t = 18.8 years

Therefore, we conclude that the time required to get  a total amount of $6,880.00  from compound interest on a principal of $ 4,400.00  at an interest rate of 2.4% per year  and compounded 4 times per year  is 18 years and 8 months.

Answer:

The answer is actually 18.7 -.-

Step-by-step explanation:

A store bought a pair of shoes for $50 and then sold them for $80. What percentage was the markup?

Answers

Answer: The required markup percentage is 60%.
60% is the correct answer

Answer quick please

Answers

Answer:

The answer should be x = 6

If ABCD is dilated by a factor of 2, the coordinate of d would be:

Answers

Answer:

the coordinate of D is 6,4

Answer:

D=(6,-4)

Step-by-step explanation:

i need help with this ?

Answers

Answer:

Step-by-step explanation:

You didn't post the question!!

Domain: [ - 6, 3 )

Range: [ - 4, - 9 ]

Who are profesional people that do transformations problems?

Answers

Answer:

i have no idea

Step-by-step explanation:

simplify
plzzzzzzzzzzzzzzzzzzzzzzzzzzz

Answers

Answer:

[tex]12a {}^{9}b {}^{7} [/tex]

hope it helps

explanation in the pic above

Sketch a graph to show your heart rate over the course of a work out. Explain
your graph.

Answers

Answer:

you could say something like if it got higher say....over the course of my workout I noticed my heart rate got fast,it speeded up, as you can tell by the graph.

If they drove for 4.75 hours, how far did they drive?​

Answers

Answer:

332.5 miles

Step-by-step explanation:

let me know if its right :)

A bike covers 150 km distance. with 3 liters of petrol than what distance it will cover with 5 liters of petrol?​

Answers

Answer:

The bike will cover 250 km of distance with 5 liters of petrol.

Step-by-step explanation:

First, we have to calculate the amount of distance the bike will be able to cover in 1 liter of petrol.

[tex]\frac{150 \ km}{3 \ liters}[/tex]

[tex]= 50 \ km/liter[/tex]

Therefore, for every liter, the bike will be able to travel 50 km of distance.

Now, let's multiply the distance travelled by each liter with the total number of liters.

[tex]\frac{50 \ km}{liter} \cdot 5 \ liters[/tex]

[tex]= 250 \ km[/tex]

Finally, we have our answer: the bike will cover 250 km of distance with 5 liters of petrol.

Hope this helped!

Answer:

Step-by-step explanation:

150 / 3 = 50 km per liter sooo

5 * 50 = 250 Km

What is the approximate value of sin C?
B
13.93
5
A
13
12
O A. 0.93
OB. 0.36
O C. 2.79
D. 0.38

Answers

Answer: 0.36

Step-by-step explanation:

Ap3x

please help, will give brainliest!!​

Answers

Answer:

The answer is A.

Step-by-step explanation:

Hope this helped have an amazing day!

1. Which pay is equivalent to a rate of $16 per hour?
$78 for 3 hours
$96 for 6 hours
$160 for 16 hours
$60 for 5 hours

Answers

the answer is the second choice

can anyone help thank you ggg

Answers

I believe it is 1. Function 2. Not a function 3. Function 4. Not a function. I hope this helps! :)

Answer:

I believe it is 1.

Step-by-step explanation:

hope this helps

The residence of a city voted on whether to raise property taxes the ratio of yes to no votes was 2 to 3 is there were 4795 total votes how many yes votes were there

Answers

Answer: The number of yes votes = 1918.

Step-by-step explanation:

Given : The ratio of yes to no votes = 2:3

Then the ratio of yes to total votes = [tex]\dfrac{2}{2+3}=\dfrac25[/tex]

Total votes = 4795

Number of yes votes  =  (ratio of yes to total votes) x (Total votes )

= [tex]\dfrac{2}{5}\times4795=1918[/tex]

Hence, the number of yes votes = 1918.

Write an equation to represent the following statement.
The product of 12 and k is 84.
Solve for k.

Answers

Answer:

12(k)=84 k=7

Step-by-step explanation:

84/12=7

Determine whether the graph shows a positive correlation, a negative correlation, or no correlation. If there is a positive or negative correlation, describe its meaning in the situation.

Average Cycling Speed
A graph titled Average Cycling Speed has minutes on the x-axis and miles per hour on the y-axis. Points are at (5, 15), (10, 13), (15, 11), (20, 10), (25, 9).

Answers

Answer:

Positive correlation.

Step-by-step explanation:

The miles per hour increases as the cycling speed increases.

Please answer correctly will mark brainliest and will follow

Answers

9514 1404 393

Answer:

  q/2, p, q

Step-by-step explanation:

You know the area of a triangle is half the product of base and height. The two triangles of interest here have base length p and height q/2. You're being asked to fill in the missing base or height dimension.

  [tex]=\dfrac{1}{2}\times p \times\boxed{\dfrac{q}{2}}+\dfrac{1}{2}\times\boxed{p}\times\dfrac{q}{2}\\\\=\dfrac{1}{2}\times p\times\boxed{q}[/tex]

find the greatest common factor of 56 and 64

Answers

Answer:

8 is the greatest common factor

Step-by-step explanation:

Answer:

8

Step-by-step explanation:

doing percent of a fraction, how do i calculate: 95% of what is 68?

Answers

Answer:

71.58

Step-by-step explanation:

95/100(x)=68

simplify the fraction: 19/20(x)=68

multiply 20 to get rid of the denominator: 19x=1360

divide 19 to get x: x=71.58

What is the equation of a line that passes through the points (–3, 4) and (2, 8)?

Answers

Answer:

=5

Step-by-step explanation:

4-9= -5

2-3 = -1

=5

.....

Answer:

y = \frac{4}{5}x + \frac{32}{5}

Step-by-step explanation:

(x₁ , y₁) = (-3, 4)  & (x₂ , y₂) = (2 , 8)

Slope = [tex]\frac{y_{2}-y_{1}}{x_{2}-x_{1}}\\[/tex]

         [tex]= \frac{8-4}{2-[-3]}\\\\= \frac{8-4}{2+3}\\\\= \frac{4}{5}[/tex]

m = 4/5 ;

Equation of the line: y - y₁ = m(x - x₁)

[tex]y - 4 = \frac{4}{5}(x - [-3])\\\\y - 4 = \frac{4}{5}(x +3)\\\\y - 4 = \frac{4}{5}x + \frac{4}{5}*3\\\\ y = \frac{4}{5}x + \frac{12}{5}+4\\\\ y = \frac{4}{5}x + \frac{12}{5} + \frac{4*5}{1*5}\\\\ y =\frac{4}{5}x + \frac{12}{5} +\frac{20}{5}\\\\ y = \frac{4}{5}x + \frac{32}{5}[/tex]

Plant a is 25 ft tall and plant b is 2ft tall.Plant A grows 2ft per week and plant B grows 21/5 feet per week. In how many days will the height of both the plants reach same

Answers

Answer:

10.5 weeks

Step-by-step explanation:

is you graph the following system, the point of intersection is (10.45, 45.9)

Plant A:  y = 2x + 25

Plant B:  y = 21/5x + 2

Question 8 of 10
Which of the following could be the ratio of the length of the longer leg of a
30-60-90 triangle to the length of its hypotenuse?
Check all that apply.
I A. 15:2
B. 3: 215
O c. 2: 3.5
OD. 2: 15
O E. 2: 212
O F. 1: v

Answers

The option that could be the ratio of the length of the longer leg of a

30-60-90 triangle to the length of its hypotenuse is (√3)/2.

What is a hypotenuse?

When describing right-angled triangles, the longest side is the side that is opposite the right angle. This side is that is called the "Hypotenuse"

With the aid of a diagram, the typical length of the sides of triangles measuring 30-60-90 is presented below.

Given that the longest side is 2xThe larger side is  √(3x); andThe smaller side is x

We can thus surmise that the ratio of the longer leg and the hypotenuse can be computed as:

Longer side/Hypothenuse

= (√(3x))/2x

= (√3)/2

Learn more about a hypotenuse at:
https://brainly.com/question/2217700
#SPJ1

The sample standard deviation, divided by the square root of N , results in the _____________________________.

Answers

Answer:

Standard Error

Step-by-step explanation:

The standard error is the ratio of the sample standard deviation and the square root of the sample size used.

Standard Error (S. E) = s / √n

Where ;

s = sample standard deviation ; n = sample size

Angie has a car worth $18,200. She has $525 in cash, and $2,800 in her savings account. Her only debt is the loan she took out to buy the car. If Angie's net worth is $9,025, what is the amount of her loan?

Answers

Add the value of the car with her savings and cash:

18,200 + 525 + 2800 = 21,525

Now subtract her net worth:

21,525 - 9,025 = 12,500

Her loan is $12,500

Answer:

12,500

Step-by-step explanation:

Add it up.

18,200+525+2800 which is 21,525.

Subtract 9,025.

12,500.

Hope this helps plz hit the crown :D

pls help: what is the simplified form
a.x^3
b.x^3/2
c.x^3/4
d.^27/8

Answers

Answer:

c.) x^3/4

Step-by-step explanation:

x^9/4 / x^3/2

*using this exponent rule: x^a / x^b = x^a-b*

x^9/4 - 3/2

= 3/4

So: x^3/4

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