Northern Bank has two types of account. Both accounts pay compound interest. Cash savings account Interest 2.5% per annum Shares account Interest 3.5% per annum Ali invests £2000 in the cash savings account. Ben invests £1600 in the shares account. (a) Work out who will get the most interest by the end of 3 years. You must show all your working.

Answers

Answer 1

Answer: Ben will have the most interest.

Step-by-step explanation:

Ali after 3 years.

To use compound interest, the formula is:

= Investment * ( 1 + rate) ^ no. of periods

= 2,000 * ( 1 + 2.5%)³

= £‭2,153.78

Interest = Amount after 3 years - investment

= 2,153.78 - 2,000

= £153.78

Ben after 3 years.

= 1,600 * (1 + 3.5%)³

= £1,773.95

Interest = 1,773.93 - 1,600

= £173.93


Related Questions

Part A

In "The Case for Shelter Animals," what does the author explain about the cost of becoming a pet owner?


Adoption costs more money than buying a pet.

Pet stores are more expensive than breeders.

It is more expensive to buy a pet than it is to adopt.

Cats are less expensive than dogs.
Question 2
Part B

Which evidence from the text best supports the answer to Part A?


"So those who buy from pet stores and breeders can expect to pay those fees on top of already-high purchase costs."

"The guide states that adopting a dog or a cat from a shelter usually costs between $50 and $500."

"Meanwhile, an animal from a pet store typically costs at least $1,000. Breeders are even more expensive."

"One reason that adopting pets from shelters is the logical choice is that shelter animals are less expensive than those bought from pet stores or breeders."

Answers

Answer:

part a, c part b, d

Step-by-step explanation: i just took the test for k12

Statement 1 is incorrect.

Statement 2 is incorrect.

Statement 3 is correct.

Statement 4 is incorrect.

What is the adoption cost?

Adoption cost in the given problem is the money spent in maintenance, feeding, and other expenses in order to adopt a pet.

"Adoption costs more money than buying a pet" is an incorrect statement because if we extract the conclusion combinedly from statements 2 and 3, it is clear that adoption cost is in the range of $50 and $500 in the case of a shelter animal while an animal from a pet store typically costs at least $1,000.

"Pet stores are more expensive than breeders", this is an incorrect statement because in the third paragraph it is mentioned that "an animal from a pet store typically costs at least $1,000. Breeders are even more expensive."

"It is more expensive to buy a pet than it is to adopt" is a correct statement because in the fourth paragraph it is mentioned that "adopting pets from shelters is the logical choice because shelter animals are less expensive than those bought from pet stores or breeders."

"Cats are more expensive than dogs" is an incorrect statement because in the second paragraph it s mentioned, "adopting a dog or a cat from a shelter usually costs between $50 and $500." There has not been discussed anything about the individual adoption costs for each.

Therefore, Statement 1 is incorrect.

Statement 2 is incorrect.

Statement 3 is correct.

Statement 4 is incorrect.

To get more about statements and inherences based problems visit:

https://brainly.in/question/6705979

Find (-5x + 6) - (-2x - 7)

Answers

The answer is: -3x +13

Find the measure of arc BC

Answers

Answer:

The measure of the Arc BC is 80

I agree! The BC is 80

Solve. Use paper to show your work. Enter your answer in the box.



4\frac{5}{6}-2\frac{1}{2}=4
6
5

−2
2
1

=
4
4​

Answers

Answer: illegel input- too many equals signs

Step-by-step explanation:

59:
Evaluate the function requested. Write your answer as a fraction in lowest terms.
B
39
15
36
Find tan A
a
5
tan A =
13
C.
5
tan A -
12
b.
13
d.
12
tan A =
tan A -
5

Answers

Answer:

Step-by-step explanation:

A Square has the vertices at (-2,6) (6,1) (1,-7) (-7,-2). At what point do the diagonals of the square intercect

Answers

Answer: At point ([tex]-\frac{1}{2},-\frac{1}{2}[/tex])

Step-by-step explanation: Diagonal is a line uniting two opposite points. In a square, the diagonals intersect in a 90° and bisect each other, i.e., divides each diagonal into two segments of the same length.

In other words, the diagonals of a square meet at their midpoint, which is found as the following:

(x,y) = [tex](\frac{x_{1}+x_{2}}{2} ,\frac{y_{1}+y_{2}}{2})[/tex]

The opposite vertices of the given square are (-2,6) and (1,-7).

So, the intersection is

(x,y) = [tex](\frac{-2+1}{2} ,\frac{6-7}{2})[/tex]

(x,y) = [tex](-\frac{1}{2},-\frac{1}{2} )[/tex]

The diagonals of square with vertices (-2,6)(6,1)(1,-7)(-7,-2) intersect at point [tex](-\frac{1}{2},-\frac{1}{2} )[/tex].

Solve for x
x^2 - 7x + 10 = 0​

Answers

Answer:

Step-by-step explanation:

x²-7x+10=0

(x-2)(x-5)=0

x=2 or x=5

Answer:

Step-by-step explanation:

x2−7x+10=0

Step 1: Factor left side of equation.

(x−2)(x−5)=0

Step 2: Set factors equal to 0.

x−2=0 or x−5=0

x=2 or x=5

(You can confirm this by plugging in the numbers yourself)

Please help! I need the equation of this line.

Answers

Answer: why?

Step-by-step explanation:

The coordinates are (5,-2)

Which value is the solution for this equation

2/3(6h-9)=6
A) -1
B) 1
C) 3
D) 5

Answers

Answer:

h = 3

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right  

Equality Properties

Multiplication Property of Equality Division Property of Equality Addition Property of Equality Subtraction Property of Equality

Step-by-step explanation:

Step 1: Define

2/3(6h - 9) = 6

Step 2: Solve for h

[Division Property of Equality] Divide 2/3 on both sides:                             6h - 9 = 9[Addition Property of Equality] Add 9 on both sides:                                   6h = 18[Division Property of Equality] Divide 6 on both sides:                                h = 3

A function is represented by the graph. The y intercept of the function y=-2x+8 is what to the y intercept of the function represented in the graph

Answers

Answer:

8

Step-by-step explanation:

The operation * is defined as a * b = a+2ab
solve 2* 3 and 3*2

Answers

both is 14 hope it helps

first picture is incorrect second one is correct. answer is 14

what is the error in this polynomial x²+9=(x+3)(x+3)?​

Answers

Answer:

(x + 3i)(x - 3i)

Step-by-step explanation:

Wrong statement: x² + 9 = (x + 3)(x + 3)

Correct statement: x² + 9 = x² - (3i)² = (x + 3i)(x - 3i)

plss help me il mark you brainly

Answers

Answer:

thisl give u extra credit: 2.29*20 = 45.80 and 3.49*35 = 122.15.

Step-by-step explanation:

Answer:

1. 78.54 (area)

2. 25.13 (circumference)

3. 4.5 (radius)

4. 13 (diameter)

Step-by-step explanation:

TWENTY POINTS
PLEASE HELP ASAP DONT STEAL POINTS


Multiplying the radical by a number between 0 and 1 causes the graph of the parent function ( f(x)= √x ) to ___________.

Answers

Answer:

FOR YOU LOVE

Step-by-step explanation:

If a function is defined by a radical expression, we call it a radical function. The square root function is f(x)=√x f ( x ) = x . ... A radical function is a function that is defined by a radical expression.

THE PIC IN ABOVE IS EQUATION TRY TO ANSWER IT

PLEASS MARK ME AS BRAINLIEST LOVE YOU STAY SAFE

Find the degree of polynomial 2x⁵-10x⁴-5x²+12x⁸-6
help​

Answers

y= 2x ^ 5 + 10x ^ 4 - 5x ^ 2 + 12x ^ 8 - 6
Intercept is (0,-6)

what is (9m)4 without exponents

Answers

Answer:

The answer is 36m

Step-by-step explanation:

Multiply 9m by 4, and you'll get (9x4)m, which is (36)m, which can be simplified into 36m.

a number h is at most 15

Answers

hope this is the inequality you’re looking for

Answer:

h inequality 15

hope it is helpful to you

if i get the right answer i will give brainlist

Which point on the scatter plot is an outlier?

Point A
Point B
Point C
Point D

Answers

Answer:

Point D

Step-by-step explanation:

PLS give me brainliest

Answer:

D, I would love to be given brainliest look i have an explanation

Step-by-step explanation:

An outlier is a number that seems for the data. The outlier is usually to far fro the data.  

Trevon is buying a car. He is borrowing $12,000 from the bank at a rate of 5% for 4 years. At the end of 4 years, how much interest did Trevon pay?

$24,000
$24,000

$2,400
$2,400

$4,800
$4,800

$600

Answers

2,400 I believe because look at it he has a rate of 5%

Evaluate x=-3, y=4, z=-5
Answers suggested below
-17
41
23
-40
-58
-16

Answers

Answer:

2. -16

6. 23

7. -40

8. -17

9. 41

10. -58

a, b ve c birbirinden farklı pozitif tam sayılardır.
Buna göre,
a.b.c = 12
eşitliğini sağlayan kaç değişik (a, b, c) üçlüsü vardır?
A) 6
B) 9
C) 12
D) 18
E) 24​

Answers

A.6 would be the answer

Solve the two-step inequality and match the answer to the graph

Answers

Answer:

(see below; answers at the bottom)

Step-by-step explanation:

-4x + 7 ≥ 27

-4x ≥ 20

-x ≥ 5

Whenever you multiply or divide by a negative number in an inequality, flip the sign:

x ≤ -5

x/1 - 9 < -10

x - 9 < -10

x < -1

3x - 10 < -25

3x < -15

x < -5

5 (x - 2) > -15

Use Distributive Property:

5x - 10 > -15

5x > -5

x > -1

A) x < -5

So, A) 3x - 10 < -25.

B) x ≤ -5

So, B) -4x + 7 ≥ 27.

C) x < -1

So, C) x/1 - 9 < -10.

D) x > -1

So, D) 5 (x - 2) > -15.

7. The cost of 2 notebooks and 4 folders is
$2.50. The cost of 1 notebook and 6
folders is $2.25. Which statement is true?
A The cost of a notebook is $1.00, and
the cost of a folder is $0.25.
B The cost of a notebook is $0.75, and
the cost of a folder is $0.25.
C The cost of a notebook is $0.25, and
the cost of a folder is $0.75.

Answers

Answer: B (The cost of a notebook is $0.75, and the cost of a folder is $0.25.)

Step-by-step explanation:

No need for explanation. i know i’m right!!

i ready classroom grade 8 volume 1 mathematics

Can anyone help me with this asap !!!

Answers

Answer:

COCO is life

Step-by-step explanation:

COCO is = to food and water

And food of COCO contains 2grams

Water of COCO contains 10 liters

So add grams and liters together

And u get this

10l/41ⁿ9xg451/⅞41 + we12/need/34¹⅔/coco

=coco 10274728l

Solve the inequality and enter your solution as an inequality in the box below, using "" for 2 if necessary. -5(4x + 7) ​

Answers

Answer:

I simplified it to -20x - 35

Step-by-step explanation:

-5 times 4x is -20x, -5 times 7 is -35.

the difference of two numbers is 8. their sum is 17. find the two numbers?

Answers

9514 1404 393

Answer:

4.512.5

Step-by-step explanation:

Let s represent the smaller number. Then s+8 is the larger number, and their sum is ...

  s + (s+8) = 17

  2s = 17 -8 = 9

  s = 9/2 = 4.5

  s+8 = 4.5 +8 = 12.5

The two numbers are 4.5 and 12.5.

_____

Comment on problems of this type

A method is shown here for solving the problem using one equation in one variable. The general solution can be seen to be ...

  two numbers = (sum ± difference)/2

Here, that is ...

  two numbers = (17±8)/2 = (25, 9)/2 = (12.5, 4.5)

10v2 + 50
o Linear binomial
o Constant binomial
Quadratic binomial
Quadratic trinomial

Answers

Answer:

what is the question? probably describe the polynomial. okay. the polynomial 10v^2 + 50 is a quadratic (it is to the 2nd power) and a binomial (has 2 terms).

Question 3
This table shows a linear relationship between the amount of water in a tank and time.

Time (minutes) Water (gallons)
0 30
5 20
10 10

Which of these statements is true?
Multiple choice question.

A)
The water in the tank is increasing at a rate of 2 gallons per minute.

B)
The water in the tank is increasing at a rate of 10 gallons per minute.

C)
The water in the tank is decreasing at a rate of 2 gallons per minute.

D)
The water in the tank is decreasing at a rate of 10 gallons per minute.

Answers

Answer:

C

Step-by-step explanation:

In five minutes it decreased by 10 gallons (5x2=10), In 10 minutes it decreased by 20 gallons.

please Help me i'm timed

Answers

Answer:

X=28

Step-by-step explanation:

4x+248=360

112=4x

x=28

Answer:

28

Step-by-step explanation:

Ryan works for a cell phone company. He earns $2,000 per month. He also receives $15 for each cell phone that he sells. Ryan's paycheck last month was $2,180. How many cell phones did Ryan sell last month?

Answers

Answer:

12 phones

Step-by-step explanation:

15 x 12 = 180 add 180 to his 2000 and bam 2,180

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