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valkas [14]
2 years ago
6

if £2000 is placed into a bank account that pays 3% compound interest per year how much will be in the account after 2 years

Mathematics
2 answers:
rewona [7]2 years ago
5 0

Answer:okStep-by-step explanation:

kakasveta [241]2 years ago
3 0

Principal Balance: 2000

Compound Interest: 3%

Type: Yearly

2000 x 1.03 = 2060

Year 1 : £2060

2060 x 1.03 = 2121.8

Year 2: £2121.8

There will be £2,121.80 in the account after 2 years.

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Ethan bought 4 packages of pencils. After he gave 8 pencils to his friends, he had 40 pencils
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He had 40 pencils left after he gave away 8, so originally he had 40 + 8 pencils, which is 48.

Now, he bought 4 packages, which had a total of 48 pencils, so divide 48 by 4, which is 12. He had 12 pencils in each package.

To determine the solution arithmetically, first add 8 to 40, then divide 48 by 4.

To determine the solution algebraically, set up and solve the equation 40 = 4x - 8.

Each package contained 12 pencils.

Hope this helps

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2 years ago
Based on the information below, choose the correct answer.
Arte-miy333 [17]
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You have found a home that you are interested in purchasing. Instead of a conventional loan, you agree to pay the premium for th
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5 0
2 years ago
Why are the solutions to the proportions 50/x =10/20 and 10/50=20/x the same
ratelena [41]
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2 years ago
Read 2 more answers
Louis found two bakeries to provide bagels for his sub shop. The first bakery offers 350 bagels for $168.00 and the second baker
borishaifa [10]

Answer:

<h2>$352</h2>

Step-by-step explanation:

Find out the price of one bagel by dividing the price by the number of bagels:

350 Bagels = $168

1 Bagel = $0.48

475 Bagels = $209

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This means the second bakery has the lower price.

Louis wants 800 bagels, so multiply the price by 800.

0.44 * 800 = $352

You can check it's lower by comparing it with the first bakery.

0.48 * 800 = $384

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5 0
2 years ago
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