subject
Mathematics, 04.02.2021 14:00 alma79

1 Jesy invests £8000 for n years in a savings account. To find the value, V, of her investment after n years she uses the formula:

V = 8000 × (1.025)n
(a) Write down the annual rate of interest Jesy earns.
(b) Find the total amount of interest Jesy earns in three years.
(Total for question 1 is 3 marks)

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:00
Carson has only $20 bills and $10 bill in her wallet. the total value of the bills is $50. she has 1 more $20 bill than $10 bills. how many each kind of bill does carson have? a. one $20 and two $10 bills b. two $20 bills and one $10 bill c. one $20 bills and three $10 bills d. two $20 bills and two $10 bills
Answers: 2
question
Mathematics, 21.06.2019 19:00
The annual snowfall in a town has a mean of 38 inches and a standard deviation of 10 inches. last year there were 63 inches of snow. find the number of standard deviations from the mean that is, rounded to two decimal places. 0.44 standard deviations below the mean 2.50 standard deviations below the mean 0.44 standard deviations above the mean 2.50 standard deviations above the mean
Answers: 3
question
Mathematics, 21.06.2019 19:30
At the beginning of 1974/75,2 years a man invested #2000 in a bank at 12.5% compound interest, if it degree #650 at the end of each two years to pay his son's school fees, after payment of interest to pay his son's school fees, how much did he have left at the beginning of the 1978/79 school year?
Answers: 3
question
Mathematics, 21.06.2019 19:30
In the geometric progression –3, 12, −48… what term is 3,072?
Answers: 2
You know the right answer?
1 Jesy invests £8000 for n years in a savings account. To find the value, V, of her investment afte...
Questions
question
Health, 08.07.2019 00:30
question
History, 08.07.2019 00:30
Questions on the website: 13722363