Work out the balance for £4500 invested for 2 years at 4% per annum

This situation can be represented by a geometric sequence, where each term is the balance each successive year:

Un = the balance on the nth year

a = intial balance

r = multiplier

n = number of years

From the information:

a = 4500

r = 1.04

(4% increase per annum is the equivalent of multiplying by 1.04 so the multiplier is 1.04)

n = 2

So:

The balanc after two years is: £4867.20

i would be happy to . most people on would also love to i'm sure. if you just want someone who has done algebra before and want a little more personal relationship than just begging strangers for , i can certainly be of service. i do have college myself so i might not be 24/7.

she will travel a distance in the range of 3 - 11 miles