kieranverlander08 kieranverlander08
  • 04-01-2022
  • Mathematics
contestada

Brian invests £8500 into his bank account.
He receives 5% per year compound interest.
How many years will it take for Brian to have more than £10000?

Respuesta :

jackplayxrb
jackplayxrb jackplayxrb
  • 04-01-2022

Step-by-step explanation:

should be 4

8500x1.05 8925

8925x1.05 9371.25

9361.25x1.05 9839

9839x1.05 10331

Answer Link
belisa2020kgi
belisa2020kgi belisa2020kgi
  • 04-01-2022

Answer:

I guess the answer is 4 years.

Answer Link

Otras preguntas

what does the surface area represent in a cell
How do I graph f(x)= -cos(x-pi)?
How is the graph of y=-8x^2-2 diffrent from the graph of y=-8x^2
Why are frying pans usually made out of metal?
What is being personified in the following passage? Fear had settled over the city.
which type of energy is associated with random motion of atoms and molecules in a sample of air? 1.chemical energy 2. electrical energy 3.nuclear energy 4. th
what's bigger 60% of 90 or half of 100?
How do u do this problem: W/6+5/8=-1 3/8 I got this answer: -1 53/64
describe the solutions of 4 < n+2 in words but solve it first please!
The crew on fishing boat caught four fish weighing a total of 1092 pounds. The tarpon weighed twice as much as the amberjack and the white marlin weighed twice