Colin invests £2350 into a savings account. The bank gives 4.2% compound
interest for the first 4 years and 4.9% thereafter. How much will Colin have after
10 years to the nearest pound?

Answers

Answer 1

Answer:

Answer:

£3692

Step-by-step explanation:

A = p(1 + r/n)^nt

Where,

A = future value

P = principal = £2350

r = interest rate = 4.2% = 0.042

n = number of periods = 1(annual)

t = time = 4 years

A = p(1 + r/n)^nt

= 2350(1 + 0.042/1)^1*4

= 2350(1 + 0.042)^4

= 2350(1.042)^4

= 2350(1.5789)

= 2770.42

A = £2770.42

Total years = 10

Remaining years = 10 – 4

= 6 years

Remaining 6 years

P = £2770.42

r = 4.9% = 0.049

n = 1

t = 6

A = p(1 + r/n)^nt

= 2770.42(1 + 0.049/1)^1*6

= 2770.42(1 + 0.049)^6

= 2770.42(1.049)^6

= 2770.42(1.3325)

= 3691.59

A = £3691.59

Approximately £3692

Thank you!


Related Questions

I need help I have a test...!
Find the value of x in the figure:

Answers

Answer:

In first situation= =given angle + x=sum of angle of triangle. =110°+x=180°=70° X=70° Similarly, 2. condition can be solved i.e-x=144°

Step-by-step explanation:

geometry word problem:
The area of a square is four times the area of a triangle. If the base of the triangle and a side of the square are equal, what is the ratio of the height of the triangle to the side of the square?
(A) 1 : 4
(B) 1 : 2
(C) 2 : 1
(D) 3 : 2
(E) 2 : 3

Answers

The ratio of the height of the triangle to the side of the square (B) 1 : 2

What are the areas of triangle and square?

The area of a triangle is (1/2)×base×height.

The area of a square is (side)².

Given, The area of a square is four times the area of a triangle.

(side)² = 4{(1/2)×base×height}.

The base of the triangle and the side of the square are equal let this be 'a'.

∴ a² = 4(1/2)×a×height.

a = 2×height.

a = 2h.

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#SPJ2

5) The Barnett triplets went to the school carnival. Henry rode on 5 rides, bought 2 drinks, 1 bag of popcorn and
spent $20.50. Mary spent $16.50 on 3 rides, 3 drinks and 1 bag of popcorn. While Tim rode on 6 rides only
purchased 1 drink and spent $20.00. How much did each ride cost?
a.
$12
b. $3
C. $2
d $4
PLEASE HURRY
2

Answers

Answer:

D

Step-by-step explanation:

i need help pleassseee!!?

Answers

Step-by-step explanation:

Set up a proportion:

26.5/x = 17/58

Cross multiply and you get:

17x = 1537

x = 90.4

So the measure of PQ is 90.4

Answer:

90.41

Step-by-step explanation:

you need to apple the thales's theorem

which is the comparison like this

ML=PQ JM= QN

Then you multiply in a crossed way like this

26.5 times 58= 1537

then you need to divide it by 17

1537/17= 90.41

5q^2+15q+5=-6 what is the quadratic formula

Answers

Step-by-step explanation:

=  −15 ±  √5                                                                                                                                                 =  10                                                          the quadratic formula is:10

PLEASE YOU GUYS I NEED REAL HELP !!!!!!
The population of a town is modeled by the equation P=3485e0.12t, where “P” represents the population as of the year 2000.
According to the model, what will the population of the town be in 2010?
In approximately what year will the population reach 50,000 people?
Must answer and show appropriate work for both questions here.



Part A: 11,571 people in 2010
Part B: approx. 22 years

Part A: 38,416 people in 2010
Part B: approx. 13 years

Part A: 11,571 people in 2010;
Part B: approx. 13 years

Part A: 38,416 people in 2010;
Part B: approx. 22 years

Answers

The amount of people in 2010 is 11571 and it would take approximately 22 years to reach 50000 people.

Let P represents the population as of the year(t) 2000. Given the equation:

[tex]P=3485e^{0.12t}[/tex]

In the year 2010 (t = 10 years), the population would be:

[tex]P=3485e^{0.12*10}=11571\ people[/tex]

For the population to reach 50000 people:

[tex]50000=3485e^{0.12t}\\\\t=22\ years[/tex]

The amount of people in 2010 is 11571 and it would take approximately 22 years to reach 50000 people.

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A company pays its employees $26 for every 4 hours of overtime worked in a day.

Mike works 9 hours of overtime and is paid $53.
Rachael works 8 hours of overtime and is paid $52.
Tom works 17 hours of overtime and is paid $442.
John works 16 hours of overtime and is paid $100.


Which employee receives an appropriate payment for the hours of overtime worked, according to the given unit ratio?

Answers

Answer:

John

Step-by-step explanation:

The base of a triangle is V75 cm and its height is V12 cm. Find its area.

Answers

Answer:

450 cm area

Step-by-step explanation:

Formula 1/2*b*h

1/2*75*12cm

1/2*900

1*450cm

450 is area  PLEASE MARK BRAINLIEST :))

which one weighs more a watermelon that weighs 1.7 kilograms or a pumpkin that weighs 12 pounds?

Answers

Answer : pumpkin that is 12 pounds

Step - by - step explanation :

First, convert . . . what is 1.7 kilograms as pounds ?  3.74786 ( rounded is 4 pounds )

Second, compare . . . 4 < 12

Hope this helped ! :>

Please help me no links or bots please and thank you please actually help me with this please

Answers

Answer:

[tex]y=-1 \frac{2}{3}x+5[/tex]  

Step-by-step explanation:

y=mx+b is slope-intercept form

m= slope

b= y-intercept (where the line on the graph touches the y=axis aka the line that goes vertically or up and down).

The photo you have attached is very blurry but i will do my best to read the numbers on the graph.

the y-intercept looks to be at 5

so we plug that in

y=mx+5

now let's get the slope.

pick two points you can easily see,

slope is change in y over the change in x --- which is simplified below

rise over run

y2-y1 divided by x2-x1

we can see the point (0,5) and the point (3,0)

(3,0) is going to be the x2 and y2 and the other point is the x and y 1s

0-5= -5

3-0= 3

-5/3

let's simplify that

we know three goes into five once, so that gives us one whole but it's still negative because our slope is negative.

-1 2/3

that is our slope

let's plug it in:

[tex]y=-1 \frac{2}{3}x+5[/tex]

that is our answer!

Which system of equations is graphed on the coordinate plane below?

Answers

Answer: 12,2

Step-by-step explanation:

Answer:

so the answer is TRUE

Step-by-step explanation:

I'm not sure how to explain but ik it it

Braden bought a piece of commercial real estate for $101,234. The value of the real estate appreciated at a constant rate per year. The table shows the value of the real estate after the first and second years: Year 1 2 Value (in dollars) $104,271. 02 $107,399. 15 Which function best represents the value of the real estate after t years? f(t) = 101,234(1. 03)t f(t) = 101,234(0. 03)t f(t) = 104,271. 02(1. 03)t f(t) = 104,271. 02(0. 03)t.

Answers

The function that best represents the value of the real estate after t years is: [tex]f(t) = 101234(1.03)^t[/tex]

The table is represented as:

Years  - Values

1          -  $104,271. 02

2         -  $107,399. 15

Appreciation and depreciation are often represented using exponential function as follows:

[tex]f(x) = ab^x[/tex]

At year 1, we have:

[tex]104271. 02 = ab^1[/tex]

[tex]104271. 02 = ab[/tex]

At year 2, we have:

[tex]107399. 15 = ab^2[/tex]

Divide both equations

[tex]\frac{107399.15}{104271.02} = \frac{ab^2}{ab}[/tex]

[tex]1.03 = b[/tex]

Rewrite as:

[tex]b = 1.03[/tex]

He bought the real estate for $101,234.

So, we have:

[tex]a = 101234\\[/tex]

Substitute values for (a) and (b) in [tex]f(x) = ab^x[/tex]

[tex]f(x) = 101234(1.03)^x[/tex]

Replace x with t

[tex]f(t) = 101234(1.03)^t[/tex]

Hence. the function that best represents the value of the real estate after t years is: [tex]f(t) = 101234(1.03)^t[/tex]

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(1 point)
9. Find the coordinates of A' (the new point), if A is A (-12. 4) translated 3 units to the right and
2 units down.
O(-15, 2)
O(-9,2)
O(-15, 6)
O(-9,6)

Answers

The new coordinates are (-9,2)

I NEED HELP ASP AHH
I need help on number 5 and 8
This is for geometry
number 5 and 8 are rhe blank ones​

Answers

#5:

Let's first start by solving for x. The two angles with x's in them form a linear pair, or are supplementary angles, meaning that they add up to 180 degrees.

(4x + 23) + (9x - 38) = 180

13x - 15 = 180

13x = 195

x = 15

Now that we have x, we can solve for y. Alternate interior angles are congruent.

(4x + 23) = (21y - 1)

4(15) + 23 = 21y - 1

60 + 23 = 21y - 1

83 = 21y - 1

84 = 21y

y = 4

#8:

Let's first start by solving for x. The two angles with x's in them are corresponding angles, meaning that they are congruent.

10x = 13x - 33

-3x = -33

x = 11

Now that we have x, let's figure out how we can find y. Looking at the angle with a value of 10x, we can find its supplement. That supplement then, is a corresponding angle with the 5y angle, meaning that they are congruent.

Supplement = 180 - 10x

Supplement = 180 - 10(11)

Supplement = 180 - 110

Supplement = 70

Supplement = 5y

70 = 5y

y = 14

Hope this helps! :)

- #5 -

y = 4

[] First we need to solve for x, these are on a straight line so we can set them equal to 180 degrees and solve because they are supplement angles:

4x + 23 + 9x - 38 = 180

13x - 15 = 180

13x = 195

x = 15

[] Now we will plug-in and solve for one of them

9x - 38

9(15) - 38

135 - 38 = 97

[] Last, the y angle and the angle we just solved for can be added together and set equal to 180 because they are supplement angles:

97 + 21y - 1 = 180

96 + 21y = 180

21y = 84

y = 4

- #8 -

y  = 14

[] First we need to solve for x, these are corresponding angles so we can set them equal to each other:

13x - 33 = 10x

-33 = -3x

11 = x

[] Plug-in and solve for one of them

10x  = 10(11) = 110

[] Last, the line is 180 degrees so we can add them together, set it equal to 180, and solve

110 + 5y = 180

5y = 70

14

- See attached for where I am pulling numbers from -

Have a nice day!

     I hope this is what you are looking for, but if not - comment! I will edit and update my answer accordingly. (ノ^∇^)

- Heather

What is the equation of the line that passes through the point (5, 6) and has a slope
of 2

Answers

Answer:

y = 2x - 4

Step-by-step explanation:

Given:

x1 = 5

y1 = 6

slope (m) = 2

Solution:

y - y1 = m ( x - x1 )

y - 6 = 2 ( x - 5 )

y - 6 = 2x - 10

y = 2x - 10 + 6

y = 2x - 4

What is 1/2 of 14? this is an algebraic expression!!

Answers

1/2 of 14 is 7. multiply 14/1 to 1/2.

a cylinder has a radius of 3 feet and a height of 2.1 feet. what is the approximate volume of the cylinder? use 3.14 for pi. 12.6 ftł 59.3 ftł 237.5 ftł 8550.2 ftł

Answers

Answer:

59.3ft³

Step-by-step explanation:

The formula for the volume of a cylinder is V= πr²h, where r is radius and h height.

So in our case, we have r= 3ft and h=2.1 ft and π≅3.14

So from the formula for the volume of a cylinder, we get 3.14*3²*2.1 = 59.3 ft³

The volume of the cylinder is about 59.3 ft³

Simplify this question

Answers

[tex]\\ \sf\longmapsto √64+√-81-i^2[/tex]

[tex]\\ \sf\longmapsto 8+√81i-(-1)[/tex]

[tex]\\ \sf\longmapsto 8+9i+1[/tex]

[tex]\\ \sf\longmapsto 9i+9[/tex]

PLEASE HELP ME NOWWWWWWWWWW

Answers

Answer:

36 And 59

Step-by-step explanation:

Blake gives piano lessons in the evenings. He earns $20 for each piano lesson and has between 0 and 6 lessons each evening. The amount he earns in an evening depends on the number of lessons he gives. What is the range of this relation?.

Answers

The range of the relation will be expressed as 0 ≤ g(x) ≤ 120

Let the number of lessons he gives be x

If he earns $20 for each piano lesson, the amount he will earn on x lessons will be $20x

Writing this as a function will give:

g(x) = 20x

where g(x) is the range of the relation.

If he has between 0 and 6 lessons each evening, the corresponding range at x = 0 and x = 6 is given as;

g(0) = 20(0) = 0g(6) = 20(6) = 120

Therefore the range of the relation will be expressed as 0 ≤ g(x) ≤ 120

Learn more on range of a function here: https://brainly.com/question/10878781

Answer: {0, 20, 40, 60, 80, 100, 120}

Step-by-step explanation: Remember we only use inequality signs for continuous relations with an infinite amount of values or data points or values or points. When we're given a set finite amount of data points we use brackets for this data because it is a discrete relation.

And for this problem we're looking for the range of the relation and recall the range is the dependent values or variables that depend on the domain or independent variables. The amount of money he earns depends on the amount of hours he works. Hence, the range is {0, 20, 40, 60, 80, 100, 120} the amount of possible money he can earn.

Rita’s earnings are based on how many hours she works. Rita worked 22 hours and earned $379.50. What would Rita earn for working 52 hours?


Answers

Rita will earn $897 for working 52 hours.

Word problems in mathematics are mathematical operations that are applied to solve real life cases.

From the information given:

Rita's earnings are dependent on the hours she works

If Rita worked for 22 hours, she earns $379.50

Now, if Rita worked for 52 hours, the amount Rita will earn can be expressed by using the relation:

[tex]\mathbf{= \dfrac{52 \ hours \times \$379.50}{22 \ hours} }[/tex]

= $897

Learn more about word problems in mathematics here:

https://brainly.com/question/21405634

for each value c determine how many solutions the system has

Answers

Answer:

can we get a picture or something? we cant help unless we have more context

Step-by-step explanation:

if a/b-d=2c/b, find the value of c when a=3 b=4 and d=5
please explain your answer

Answers

Answer:

c= -17/2

Step-by-step explanation:

a/b-d=2c/b

3/4-5=2c/4

-17/4=2c/4

-17/4÷1/4=2c

-17/4×4=2c

2c=-17

c=-17/2

Which term better describes the populations in the nations of Northern Europe?

1. homogeneous
2. heterogeneous

Answers

Heterogeneous and homogeneous

Please Help Me Out Show You Work :) I will appreciate much

Answers

Step-by-step explanation:

6)

[tex]k = \frac{6}{4} \\ k = \frac{3}{2} [/tex]

7)

[tex] \frac{ab}{mn} = \frac{bc}{no} = \frac{cd}{op} = \frac{da}{pm} [/tex]

8)

[tex]y = 8 ( \frac{3}{2} ) \\ y = 12[/tex]

[tex]z = 6 ( \frac{3}{2} ) \\ z = 9[/tex]

9)

[tex]5k = 8 \\ k = \frac{8}{5} \\ x( \frac{8}{5}) = 32 \\ x = 20ft[/tex]

The coefficient of 3x is "3."

True
False

Answers

Answer:

true

Step-by-step explanation:

Answer:

false.

Step-by-step explanation:

btw i love your pfp.

help please.
with the steps
on image.

Answers

Answer:

T(n) = 3n² - 4-189 doesn't belong

Step-by-step explanation:

Given sequence:

-1, 8, 23, 44, 71

The first differences:

9, 15, 21, 27

The second differences:

6, 6, 6

If the sequence is T(n) = an² + bn + c, we have:

2a = 6 ⇒ a = 3

Using the first and second differences work out  the value of zero term:

9 - 6 = 3-1 - 3 = -4

This gives us c = - 4

Now we have:

T(n) = 3n² + bn - 4

The first term is T(1) = -1, substitute n = 1 and find the value of b:

3(1²) + b*1 - 4 = - 13 + b - 4 = - 1b = 0

The nth term is:

T(n) = 3n² - 4

Now lets find if -189 belongs to this sequence:

- 189 = 3n² - 43n² = - 185

The left side is positive and the right side is negative so the answer is also negative

complete the sentence to explain how to multiply 4.56x1000

Answers

The answer is 4,560

4.56 X 1000


Expand and simplify
3(4a - 5b) + 2(2a - 3b)

Answers

Answer:

a = 5/2

b = 1

I hope it correct

Step-by-step explanation:

Thank you

Answer:

answer is 5ab

Step-by-step explanation:

3(4a-5b)+2(2a-3b)

3(ab)+2(ab)

3ab +2ab

5ab

Can anyone help me with this asap thanks

Answers

Answer:

use the formula y=mx+c

Step-by-step explanation:

m is the gradient

c is the y axis intercept

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