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:

£3,692

Step-by-step explanation:

First four years

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

P = £2350

r = 4.2% = 0.042

n = 1

t = 4

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

Next 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


Related Questions

Which question can be answered by solving the inequality 7x<50?


A. Clayton spent $7 yesterday and now has less than $50. What is the most money, x, he could have had before yesterday?


B. Clayton earned $7 yesterday. He still has less than $50. What is the most money, x, he could have had before yesterday?


C. Clayton worked 7 hours and earned less than $50. What is the most money, x, he could have earned per hour?


D. Clayton earned the same amount each day for 7 days. He earned less than $50 per day. What is the most money, x, he could have earned in all?

Answers

Answer:

Clayton spent $7 yesterday and now has less than $50. What is the most money, x, he could have had before yesterday?

Answer:

A. Clayton spent $7 yesterday and now has less than $50. What is the most money, x, he could have had before yesterday?

good luck, i hope this helps :)

If there are 40 freight cars on the train and 14 of them are use for refrigeration, what percent of the cars are used for refrigeration?

Answers

Answer:

54

Step-by-step explanation:

the answer I 544

PLEASE HELPPP. What is the value of X? type the number TYPE ONLY THE NUMBER

Answers

Answer:

Value of X is 11

Step-by-step explanation:

hope it helps

Betty has 25 baseball cards and 10 basketball cards in her sports card collection what is the ratio of baseball cards to basketball cards

Answers

Answer:

25:10

Step-by-step explanation:

Plz give brainliest I wanna level up

Answer: 5:2

Step-by-step explanation:

Solve the equation. Show all work.
-2 (4 - x) = 12x – 3
(I think this is 9th grade algebra)

Answers

Answer:

-1/2

Step-by-step explanation:

-2 (4 - x) = 12x – 3

-8+2x=12x-3

+8            +8

2x=12x+5

-12x  -12x

-10x=5

/-10  /-10

= -1/2

Answer:

x = -1/2 or -0.5

Step-by-step explanation:

-2 (4 - x) = 12x - 3

Distribute the -2

-8 + 2x = 12x -3

Add 3 to both sides

-5 + 2x = 12x

Subtract 2x from both sides

-5 = 10x

Divide both sides by 10

x = -1/2 or -0.5

I really need an answer! I'll give you a brainlyist if it's correct!

Answers

It’s b)!! I graphed it out and you can find the points by doing y=24x. For example, I did y=24(2) to get 48, so I know that the next point would be (2,48). :)

Can somebody help me?

Answers

Answer:

15% markdown

Step-by-step explanation:

In order to find the markdown, take the lowered price and place it in a fraction as the numerator, and the initial price as the denominator. This looks like:

[tex]\frac{828.75}{975}[/tex]

with this fraction, we're going to multiply it by 100, with an equation looking like this,

[tex]\frac{828.75}{975}[/tex]×[tex]\frac{100}{1}[/tex]

once we multiply(typically using a calculator, though manually is possible of course) we get 85.

In order to find the markdown price however, we need to subtract 85 from 100, getting 15. This is the markdown price, because it's the percentage of the initial whole that the price went down by. Can check by finding 15% of 975, which is 828.75

Find the simple interest to the nearest cent (round to two decimal places as needed).

$1,295 at 9.25% for 4 years

Answers

Answer:

$479.15

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 9.25%/100 = 0.0925 per year,

then, solving our equation

I = 1295 × 0.0925 × 4 = 479.15

I = $ 479.15

The simple interest accumulated

on a principal of $ 1,295.00

at a rate of 9.25% per year

for 4 years is $ 479.15.

sin 420° =

Your answer:
A.sin 30°
B.sin 60°
C.sin 90°
D.sin 20°

Answers

Answer: B

Step-by-step explanation:

360 is a full circle. 420-360= 60

Mrs. Grubb bought some shirts for $4 each and some hats for $12 each. She bought 9 pieces of clothing for $100. Write a system of equations that you could use to solve this problem.

Answers

Answer:

Mrs. grub bought total number of shirts = 1

Mrs. grub bought total number of hats = 8

Step-by-step explanation:

Let Mrs. grub bought total number of shirts = x

Let Mrs. grub bought total number of hats = y

As given,

Price of 1 shirt = $4

Price of 1 hat = $12

⇒ Price of x shirts = $ 4x

   Price of y hats = $ 12y

Given that,

Mrs. Grubb bought total piece of clothes = 9

⇒ x + y = 9     .......(1)

Also given,

She bought all clothing for $100

⇒ 4x + 12 y = 100       ........(2)

Divide equation (2) by 4 we get

x + 3y = 25     .......(3)

Now,

Subtract equation (1) from equation (3) , we get

x + 3y  - ( x + y ) = 25 - 9

⇒ x + 3y - x - y = 16

⇒2y = 16

⇒y = [tex]\frac{16}{2}[/tex] = 8

⇒ y = 8

Put value of y in equation (3), we get

x + 3(8) = 25

⇒x + 24 = 25

⇒x = 25 - 24 = 1

⇒x = 1

∴ we get

Mrs. grub bought total number of shirts = x = 1

Mrs. grub bought total number of hats = y = 8

3. A farmer was collecting vegetables from his garden. 60% of the
vegetables were carrots. If there were 30 carrots, how many vegetables
were there in all?

Answers

50.
30/60%=
30/(60/100)=
100(30)/60=
3000/60=
50

Answer:

There are 50 vegetables in all.

Step-by-step explanation:

First of all, 50 is correct because 60% of 50 is 30.

50 * 60% = 30.

So, the answer is 30.

Hope this helps! :)

Rita is hosting movie night tonight. To get ready, she makes popcorn. She fills both a small bowl and a large bowl to the top with popcorn, and then she adds the same amount of salt to both bowls. Which bowl of popcorn will taste saltier?

Answers

Answer: The smaller bowl



Explanation: in the big bowl there is more popcorn which means it will need more even salt to be saltier.

3 5.73
Simplify the expression
1
+
2
+
and write the result in the form a + bi.
2
4
2
a.
-2.41
C.
2
b. 5
-2 3i
-2√3i
4
5
- Vi
4
d.

Answers

It will be b I really can’t understand with all the number

A player on a school baseball team reaches first base 3 10 of the time he is at bat. Out of 50 times at bat, how many times would you predict he will reach first base?

Answers

Answer:

15 times

Step-by-step explanation:

Proportion of times first base is reached = 3 / 10

If Number of times at bat = 50

Number of times first base is reached :

Proportion * Number of times at bats

3/ 10 * 50

(3 * 50) / 10

(150 / 10)

= 15 times

The average rainfall in Annette, Alaska, in September is 0.31 inch per day. How much rain falls over the course of an average September? (September has 30 days.)

Answers

Answer:

9.3 inches

Step-by-step explanation:

Average rainfall = total rainfall / number of days

0.31 = total rainfall / 30

total rainfall = 0.31 x 30 = 9.3 inches

The correct prime factorization of 22,770 is...
A) 6 • 5 • 11 • 23
B) 2.3.5.11 • 23
C) 2. 3. 3.5. 11. 23
D) 2 • 3 • 3.3.5. 7. 11
E) 3 • 3.5.5.5.7.7

Answers

Prime factors of 27770: 2, 5, 2777?

Harry receive the package for his birthday package weighs 50 Oz what is the weight of the package in pounds and ounces?

Answers

1 pound = 16 ounces

50 ounces / 16 ounces

16 goes into 50 three times with two left over

16*3 + 2 = 48 + 2 = 50

This is written as 3 and 2/16

So we have 3 pounds and 2 ounces

pls help I am on a timer

Answers

Answer:A

Step-by-step explanation:

Answer:

A for sure

Step-by-step explanation:

Rewrite the subtraction expression as an addition expression, and then simplify (find the sum). -2 -3

Answers

Answer: -2 + (-3) = -5

Step-by-step explanation:

Will give Brain please help!!

Answers

Answer:

Yes these are similar

Step-by-step explanation:

Yes they both are similar !!!!!

PLEASE HELP ME I STUCK IM BEGGING YOU


Calculate the area of the arrow by decomposing it into rectangles and triangles.

66.5 square centimeters
69.5 square centimeters
83 square centimeters
99 square centimeters

Answers

Answer: 69.5 square centimeters is the answer

Step-by-step explanation: i like ur pfp btw

Answer:

69.5

Step-by-step explanation:

..........................

HELP ASAP PLS PLS HELP

Answers

D is your awnser for today

Answer:

D

Step-by-step explanation:

Will mark brainlist if correct

Answers

(-11,11)
Ufbjdndibdisjs

Answer:

The answer is 3 y 8.

Step-by-step explanation:

When we want to find range of a function, we have to look at maximum and minimum value of y-axis.

So the range of this function is 3 ≤ y ≤ 8.

I WILL GIVE 200 POINT TO WHOEVER GET RIGHT The price of Philip's favorite candy has been reduced by 15¢ per piece. Philip buys 14 pieces and spends $3.22. What is the regular price of each piece of candy? Enter your answer in the box.

Answers

Answer:

0.23 $

Step-by-step explanation:

Answer:

6.52

Step-by-step explanation:

Which equals 3000?
A.100 x 300
B.10 x 300
C.10 x 30
D.1000 x 30

Answers

Answer:

B.10×300

Step-by-step explanation:

HOPE THIS HELP

Answer:

b. 10 × 300

Step-by-step explanation:

hope this helps you!

Which table represents a linear function?

Answers

Answer:

C.

Step-by-step explanation:

1   -3

2   -5

3   -7

4   -9

Because it has a constant slope it is increasing x by 1 and decreasing y by -2.

Slope: -2/1 or -2x

Answer:

I think its the first table.

Step-by-step explanation:

My reasoning behind this is because all of the Y values are being multiplied by 2 each times.

Simplify 8gh x 2g2 x 3h

Answers

8gh x 2g2 x 3h

Simplified is 8 · 3 gghhxx ·2 · 2

and can also be:

8ghx · 2g · 2x · 3h

24g ₁ ₊ ₁ h ₁ ₊ ₁ x ₁ ₊ ₁ · 2 ₁ ₊ ₁

50 points Classify the expression: 5x^3 + 2x − 3
A Quadratic expression
B Linear expression
C Cubic expression
D Exponential expression
(I have an answer but I'm not so sure about it)

Answers

Answer:

C: Cubic Expression!

Step-by-step explanation:

In this equation/expression, you can look at the highest exponent which is 3, and you can also look at how many terms it has, which is 3. This makes it a 3rd degree trinomial, which makes it C, Cubic Expression!

Answer:

Cubic Expression

Step-by-step explanation:

See answer above

How are iteration and composition functions related?

Answers

Answer:

they are related by ________

Step-by-step explanation:

Answer:

In mathematics, an iterated function is a function X → X (that is, a function from some set X to itself) which is obtained by composing another function f : X → X with itself a certain number of times. The process of repeatedly applying the same function is called iteration.  

Step-by-step explanation:

Took test

work out the length x

Answers

Answer:

17.7cm  (1.d.p)

Step-by-step explanation:

First do [tex]16^{2}[/tex] (16 x 16) add [tex]7.5^{2}[/tex] (7.5x7.5)

That gives us 312.25 cm

Then find the square root of that [tex]\sqrt{312.25[/tex]

That equals 17.67059705

If you do it to one decimal place, [tex]x^[/tex] is 17.7cm

Pleeease give brainliest, have a nice day.

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