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

In the past, schools in Los Angeles County have closed an average of three days each year for weather emergencies. What is the probability that schools in Los Angeles County will close for four days next year

Answers

The probability that the schools in Los Angeles will be closed for four days next year is 0.1680.

What is Poisson's distribution formula?

In order to comprehend separate events that happen at a steady pace over the course of a specified amount of time, Poisson's distributions are frequently utilized.

Formula for Poisson's distribution:

f(x) = ((λ^x)/x!).(e^(-λ))

x = Event to be calculated for

λ = Expected number of occurrences

P(X = x) = ((λ^x)/x!).(e^(-λ))

Here λ = 3 and x = 4

P(X = 4) = (81 / 4!).(e^(-3))

P(X = 4) = (81 * e^(-3))/24

P(X = 4) = (81 * 0.049)/24

P(X = 4) = 0.1680

Hence, the probability that schools in Los Angeles will be closed for four days next year is 0.1680.

Learn more about probability on:

https://brainly.com/question/25870256

#SPJ4

Drag the tiles to the correct boxes to complete the pairs. Not all tiles will be used.
Match each expression to make pairs of equivalent expressions.

Answers

The equivalent expressions indicated are;

1) 1/a^6b^4

2) a^6/b^6

3) a^6/b^5

4) b^6/a^6

5) a^5b^3

What is the result of the equivalent expressions?

We have to note that when we talk about the equivalent expressions, we mean the expressions that we have to get from each other when we carry out a little computational work on the original expression.

Thus, the equivalent expression has shown that the expression that is in the bracket is the same as the original expression by the use of the laws of exponents.

Learn more about laws of exponents:https://brainly.com/question/28966438

#SPJ1

From the top of a 16 m tall building, the angle of depression to a car on the road is 35°. To the nearest metre, how far is the car from the base of the building?

Answers

The distance of the car from the tall building to the nearest meter is 23m.

How far is the car from the base of the building?

Given the data in the question;

Angle of depression θ = 35°Height of building = 16mDistance of car from building = x

We use trigonometric ratio since the scenario forms a right angle triangle.

tanθ = opposite / adjacent

tanθ = opposite / adjacent

tan( 35° ) = 16m / x

x = 16m / tan( 35° )

x = 16m / 0.7002

x = 23m

Therefore, the distance of the car from the tall building to the nearest meter is 23m.

Learn more about trigonometric ratio here: brainly.com/question/28016662

#SPJ1

To support a tree damaged in a storm, a 12-foot wire is secured from the ground to the tree at a point 10 feet off the ground. The tree meets the ground at a right angle.

At approximately what angle does the wire meet the ground?
33.6°
39.8°
50.2°
56.4°

Answers

Using relations in a right triangle, it is found that the tree meets the wire at an angle of 56.4º.

What are the relations in a right triangle?

The relations in a right triangle are given as follows:

The sine of an angle is given by the length of the opposite side to the angle divided by the length of the hypotenuse.The cosine of an angle is given by the length of the adjacent side to the angle divided by the length of the hypotenuse.The tangent of an angle is given by the length of the opposite side to the angle divided by the length of the adjacent side to the angle.

In this problem, we have that:

The opposite side to the angle is of 10 feet.The hypotenuse is of 12 feet.

Hence:

[tex]\sin{\alpha} = \frac{10}{12}[/tex]

[tex]\alpha = \sin^{-1}{\left(\frac{10}{12}\right)}[/tex]

[tex]\alpha = 56.4^\circ[/tex].

More can be learned about relations in a right triangle at https://brainly.com/question/26396675
#SPJ1

please help me solve this

Answers

Answer:

1.5, -1.5

Step-by-step explanation:

Using the quadratic formula, you should have a plus, and minus solution. These should be your answers.

pls help i’ll give brainliest

Answers

Answer: y=-1/5x+ 8/5    (Third one down)

780tonnes 650kilograms ÷13​

Answers

Answer:

60 kilograms

Step-by-step explanation:

Help ASAP!!! Geometry, “fill in the blanks”

Answers

Skew lines and parallel lines do not intersect

How to determine the skew lines?

As a general rule, skew lines are lined that are not on the same plane; they are not parallel to each other and they do not intersect

Using the above definition as a guide, the skew lines in the figure are:

CG and BDAE and FHEG and DH

The difference between skew lines and parallel lines

Parallel lines and skew lines are different in the following ways:

Skew lines are on different planesParallel lines are on the same plane

The likeness between skew lines and parallel lines

Parallel lines and skew lines are alike in the following way:

Skew lines and parallel lines do not intersect

Read more about Skew lines and parallel lines at

https://brainly.com/question/4442817

#SPJ1

The name of this bronze-casting process relies on a modeled original form made from a pliable material. This method is known as ________.

Answers

The bronze-casting process that depends on a modelled original form is:  lost-wax casting.

What is Lost-wax Casting?

Lost-wax casting is a bronze-casting process which is also referred to as the cire-perdue. In this type of metal casting, a wax model is created when a molten metal is usually poured into a mold. The wax model is then melted and drained.

In summary, the name for this bronze-casting process that relies on this wax model is called: lost-wax casting.

Learn more about the lost-wax casting on:

https://brainly.com/question/26382053

#SPJ1

3. There are 50 girls and 50 boys at a party, all of
whom have written down their names on sheets
of paper for a chance to win a raffle prize. Of all
the girls and boys, 10 girls have braces and 15
boys have braces. What is the probability that
the child randomly chosen to win the raffle will
be a boy without braces?

Answers

There is a 25% chance that a child with braces will be chosen.

given that 5x:9=7:3 calculate the value of x. give your answer in its simplest form.

Answers

[tex]\huge\underline{\red{A}\green{n}\blue{s}\purple{w}\pink{e}\orange{r} →}[/tex]

x = 21/5

Step-by-step explanation:

___________________________

Given →

5x:9 = 7:3

So,

→ 5x/9 = 7/3

→ x = (7 × 9)/(3 × 5)

→ x = 21/5

___________________________

Hope it helps you!!

Which is an equivalent form of the expression 1800(1.2)^-t

Answers

Answer:

1800(5/6)^t

Step-by-step explanation:

I don't see any answer choices, but this would be another form if it is listed. The negative exponent means that you get the reciprocal of the fraction (in this case 1.2). This turns 1.2 into (1/1.2), which is equivalent to 5/6.

A machine in a candy company creates 9,328 pieces of candy each hour. if a box holds 98 pieces of candy, how many boxes can be filled in one hour?

Answers

Answer:

Step-by-step explanation:

9,328 and you would divide that by 98 and the answer would be 95.18367347 boxes

help help help help help help pleaseeeeeee

Answers

the maximum height is 180ft.

How to find the maximum height of the rocket?

The height of the equation is modeled by:

[tex]y = 60t - 5t^2[/tex]

Notice that this is a quadratic equation with a negative leading coefficient, which means that the maximum is at the vertex, then the maximum is at:

[tex]t = -60/(2*-5) = 6[/tex]

To get the maximum height, we need to evaluate the function in t = 6, we will get:

[tex]y = 60*6 - 5*6^2 = 180[/tex]

This means that the maximum height is 180ft.

If you want to learn more about quadratic equations:

https://brainly.com/question/1214333

#SPJ1

Emma has money in two savings accounts. One rate is 6% and the other is 14%. If she has $950 more in the 14% account and the total interest is $342, how much is invested in each savings account?

Answers

The amount invested in the account that has a rate of 14% is $1767

The amount invested in the account that has a rate of 6% is $1425.

What are the linear equations that represent the question

0.06a + 0.14b = 342 equation 1

b - a = $950 equation 2

Where:

a = amount invested in the account that has a rate of 6%

b =  = amount invested in the account that has a rate of 14%

How much was invested in each account?

Multiply equation 2 by 0.06

0.06b - 0.06a = 57 equation 3

Subtract equation 3 from equation 2

285 = 0.2a

a = 285 / 0.2

a = 1425

Substitute for a in equation 2

b - 1425 = 342

b = 1425 + 342

b = $1767

To learn more about linear functions, please check: https://brainly.com/question/26434260

#SPJ1

Rita divides avogadro’s number (approximately 6.02214 times. 1023) by 2.055 to calculate the number of atoms in a sample. which expression gives her result to the correct number of significant figures? 2.93 times. 1023 2.930 times. 1023 2.9305 times. 1023 2.93048 times. 1023

Answers

The correct answer is 2.930 × [tex]10^{23}[/tex]

What is Avogadro's number?

Avogadro's number, which is equal to 6.02214076 1023, is the quantity of units in one mole of any material (defined as its molecular weight in grams). Depending on the substance and the nature of the reaction, the units may be electrons, atoms, ions, or molecules (if any).

You have two numbers here. While number 2.0550 is stated with five significant figures, Avogadro's number is supplied with four. This implies that you must provide four significant figures with your result.

(6.022 × [tex]10^{23}[/tex]) / 2.0550 = 2.930 × [tex]10^{23}[/tex]

Therefore, the correct answer is 2.930 ×[tex]10^{23}[/tex] .

to know more about Avogadro number visit:

https://brainly.com/question/1445383

#SPJ4


three decreased by eleven times a number

Answers

Step-by-step explanation:

3 - 11x

x is "a number".

so, the request is to multiply it by 11 and subtract the result from 3.

I really need help for my hw please

Answers

Answer:

5.46

111

86

367.2

49

467

use labels

Step-by-step explanation:

1. [tex]\frac{39}{2} times . 0.28[/tex]

[tex]\frac{39}{2} times \frac{28}{100} =\frac{1092}{200} \\[/tex]

[tex]\frac{1092}{200} = \frac{273}{50}[/tex]

Answer 273/50 or 5.46 inches

2. [tex]\frac{97}{87} times \frac{100}{1} =\frac{9700}{87}[/tex]

Answer 9700/87= 111%ft

3. [tex]\frac{146}{1} divided \frac{170}{1}[/tex]

[tex]\frac{146}{1}times\frac{1}{170} =\frac{146}{170}[/tex]

Answer=146/170=73/85=

86%tons

4. [tex]\frac{136}{1} times\frac{270}{100} =\frac{36720}{100}[/tex]

Answer=367.2%ft

5 .[tex]\frac{60}{123}[/tex]=49%inches

6.[tex]\frac{56}{1} times\frac{100}{12} =[/tex]467%inches

(?) James is following this recipe to make flapjacks.
James uses 650 g of margarine.
How many flapjacks is James making?
Recipe: Makes 8 flapjacks
50 g sugar
100 ml syrup
125 g oats
130 g margarine
65 g sultanas

Answers

I hope this helps.
Remember find how much is for one person and divide it by how much grams it uses to find how many people it’s making it for

In simplified form, we can write $\sqrt[3]{\sqrt[3]{54}+\sqrt[3]{250}}$ as $a\sqrt[b]{c}$, where $a$, $b$, and $c$ are all positive integers. what is $a+b+c$?

Answers

The sum of a+b+c = 307.

According to the statement

[tex]$\sqrt[3]{\sqrt[3]{54}+\sqrt[3]{250}}$[/tex] is written as [tex]$a\sqrt[b]{c}$[/tex]

now we find the sum of these

in these terms a=54 and b=3 and c=250

Then

a+b+c = 54+3+250

a+b+c = 307

So, The sum of a+b+c = 307.

Learn more about ADDITION PROPERTY here https://brainly.com/question/14804395

#SPJ4

The Smith family bought carpet for their basement. It originally cost $1,600. The company offered and installment plan for 12 monthly payments of $150. How much was the carpet?​

Answers

Answer:

$1,800

Step-by-step explanation:

If the Smiths agree to the installment plan and pay $150 every month for 12 months, it will add up to $1,800 at the end of the year.

Jessica and her best friend found some money under the couch. they split the money evenly, each getting $16.32. how much money did they find?

Answers

Based on the fact that Jessica and her best friend split the money and were able to get $16.32, the total amount that they found was $32.64

How much did Jessica and her friend find?

The fact that they split the money evenly means that they split it in half which each person getting the same amount.

This means that the total amount they found was twice the amount that Jessica and her best friend got.

The total amount found is therefore:

= Jessica's share + Best friend's share

= 16.32 + 16.32

= $32.64

Find out more on money addition problems at https://brainly.com/question/20460989.

#SPJ1

Let a and b be the events of the fda approving and rejecting a new drug to treat hypertension, respectively. The events a and b are:_____.
a. independent.
b. unilateral.
c. conditional.
d. mutually exclusive.

Answers

The correct option is (d) Mutually exclusive events.

Let a and b be the events of the fda approving and rejecting a new drug to treat hypertension, respectively. The events a and b are mutually exclusive events.

Two events are mutually exclusive or disjoint in logic and probability theory if they cannot both occur at the same time. The results of a single coin toss, which can result in either heads or tails but not both, provide a clear illustration.

A statistical term used to describe events that cannot occur concurrently is "mutually exclusive." It is frequently used to refer to circumstances in which the occurrence of one event takes precedence over the other. For instance, it is impossible for war and peace to exist together. They are therefore opposed to one another.

Learn more about mutually exclusive events here

https://brainly.com/question/12961938

#SPJ4

Help please!!! Due in 10 mins

Answers

Answer:

2.0

Step-by-step explanation:

If a researcher needs a sample that is representative of the population they are studying, they could utilize a _______.

Answers

The researchers could utilize a probability sample.

Meaning of a Probability Sample

Every member of a population must have an equal chance of being chosen for a study in order for a sample to be considered a probability sample, and the researcher must be aware of this likelihood. The most typical type of sampling used in public opinion research, election polling, and other studies whose findings will be generalized to a larger population is probability sampling in which probability samples are made use of.

Probability Sample as the Representative of Population Sample

Here, a sample that qualifies for a representative of the population the researchers are studying, must consist of members having equal chances to be chosen for the study. Thus, a probability sample is the best representative of their study population.

Learn more about probability sample here:

https://brainly.com/question/28016369

#SPJ4

Which is a factor of f(x) = 60x4 86x3 – 46x2 – 43x 8? use the rational root theorem to help you find your answer.

Answers

The correct option is (2)  [tex]\frac{8}{5}[/tex] and (3)  [tex]\frac{1}{6}[/tex].

The factor of equation  f(x) = 60[tex]x^{4}[/tex] +  86[tex]x^{3}[/tex] – 46[tex]x^{2}[/tex] – 43[tex]x[/tex] + 8 are [tex]\frac{8}{5}[/tex] and [tex]\frac{1}{6}[/tex].

Rational Root Theorem:  

The rational root theorem, also referred to as the rational zero theorem, is a potent mathematical technique used to identify all potential rational roots of polynomial equations of order 3 and above.

For the given polynomial, the roots are given as;

[tex]$$P(x)=a_{n} x^{n}+a_{n-1} x^{n-1}+\cdots+a_{2} x^{2}+a_{1} x+a_{0}$$\\ \\$\pm \frac{\text { factors of } a_{0}}{\text { factors of } a_{n}}$.[/tex]

Factors of 60 are 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, 30, 60 and factors of 8 are 1, 2, 4 and 8.

Out of the given options, only   [tex]\frac{8}{5}[/tex] and [tex]\frac{1}{6}[/tex] can be written in the form:  

[tex]\begin{aligned}&\frac{8}{5}=\frac{\text { a factor of } 8}{\text { a factor of } 60} \\&\frac{1}{6}=\frac{\text { a factor of } 8}{\text { a factor of } 60}\end{aligned}[/tex]

Therefore, the rational roots of polynomial f(x) = 60[tex]x^{4}[/tex] +  86[tex]x^{3}[/tex] – 46[tex]x^{2}[/tex] – 43[tex]x[/tex] + 8 are [tex]\frac{8}{5}[/tex] and [tex]\frac{1}{6}[/tex].

To know more about Rational Root Theorem, here

https://brainly.com/question/10937559

#SPJ4

The complete question is-

Which is a factor of f(x) = 60[tex]x^{4}[/tex] +  86[tex]x^{3}[/tex] – 46[tex]x^{2}[/tex] – 43[tex]x[/tex] + 8? use the rational root theorem to help you find your answer.

x – 6 => 65x – 8 =>   [tex]\frac{8}{5}[/tex] 6x – 1 =>   [tex]\frac{1}{6}[/tex]8x + 5 => [tex]\frac{-5}{8}[/tex]

Can someone help me out with these two problems having trouble please !!

Answers

Answer:

1.

x=-10

x=-6

2.

x=10

x=-3

Step-by-step explanation:

to find the zeros of a function you need to set it equal to zero:

x^2+16x+60=0

then you factor

(x+10)(x+6)=0

then you have to finish factoring/simplifying

x+10=0

  -10

x=-10

x+6=0

 -6

x=-6

and the same thing for number 2

x^2-7x-30=0

(x-10)(x-3)=0

x=10, x=3

Answer:

1.) x = -10, x = - 6

2.) x = 10, x = -3

Step-by-step explanation:

1.) factorize and set the equation to zero by multiplying a and c and finding factors of it that will result in b once added/subtracted

[tex]x^2+16x+60\\(x+10)(x+6)\\(x+10)(x+6)=0\\x=-10, x=-6[/tex]

2.) do the same for number 2:

[tex]x^2-7x-30\\(x-10)(x+3)\\(x-10)(x+3)=0\\x = 10, x = -3[/tex]

i hope this helped!

Give the center and radius of a circle with the equation: (x+1)²+(y-2)²=100
A-The center is (-1. 2) and the radius is 10
B-The center is (1, -2) and the radius is 50
C- The center is (1, -2) and the radius is 10
D- The center is (-1, 2) and the radius is 50

Answers

OPTION A is the correct answer

Select one or more expressions that together represent all solutions to the equation.
Your answer should be in radians.
Assume n is any integer.
30 cos (30x) + 14 = -16
Choose all answers that apply:

Answers

Answer:

  D.  π/30 + n(π/15)

Step-by-step explanation:

The given equation can be solved by isolating the cosine function and using the inverse function to find the angles.

Solution

  30cos(30x) +14 = -16

  30cos(30x) = -30 . . . . . . subtract 14

  cos(30x) = -1

This is an extreme value of the cosine function that first occurs where the argument is π, and repeats every 2π after that:

  30x = π +2nπ

  x = π/30 +n(π/15) . . . . . odd multiples of π/30

__

Additional comment

The answer choices other than D include all multiples of π/30, or only even multiples of π/30. Either way, they are not part of the correct answer.

Write an expression, of the type A log(x B), for the transformed logarithmic function shown below:

Answers

The equation of the logarithmic function is y = log(x - 1)

How to write the equation of the transformed function?

The points are given as:

(0,3) and (2,0)

The equation is represented as:

y = A log(x + B)

Substitute (2,0) in y = A log(x + B)

y = A log(x + B)

This means that:

0 = A log(2 + B)

This means that:

A = 0 or log(2 + B) = 0

Take the antilog of both sides of log(2 + B) = 0

2 + B = 1

Solve for B in 2 + B = 1

B = -1

Substitute B = -1 in y = A log(x + B)

y = A log(x - 1)

Substitute (0,3) in y = A log(x - 1)

3 = A log(0 - 1)

So, we have:

3 = A log(-1)

The above equation is undefined.

Hence, the equation of the logarithmic function is y = log(x - 1)

Read more about logarithmic functions at:

https://brainly.com/question/13473114

#SPJ1

Complete question

Write an expression, of the type A log(x + B), for the transformed logarithmic function shown below:

(0,3) and (2,0)

Other Questions
Pg 63 sexto grado me divierto y aprendo enlista las causas del dolor de muelas de cada texto porfaaasss does she know art of flower arrangment? which tens Determine if the following function is even, odd or neither.f(x) = 4x2 8x + 5 HELP PLEASEE! True or false. How do near facts help you solve division problems?Are there any types of problems or situations when near facts wont be helpful? Why? B.Basching muli ang kuwentong liwanag sa Diimisulat ang buodLiwanag sa Dallim:Ang Kuwento ni Roselle AmbubuyogAlb Filipino 5. pp. 74-45Si Maria Gennett Roselle R. Ambubuyog ay ipinanganak noong ika-12 ngEnero, 1980 sa Maynila. Anak siya nina Gemme F. Abubuyog at Deanna BRodriguez Naging masaya at tahimik ang unang mga taon ng kaniyangkabataan, kasama ang kaniyang mga magulang at tatlong kuya na sinaGle. Glenn at GarryNoong na tamng gulang si Roselle, nagkasakit siya at binigyan ngapat na ang gamot ang kaniyang pakiramdam subalit pagkataposmg dalawang ngge i svang nagkasaket Tinawag sa Steven Johnson'sSymtome, o labis na reaksyon ng katawan sa mga gamot na kaniyang ininomang kanyang sakit. Dabei dito, mawala ang kaniyang paningin Dinala siya ngzamang mga magulang sa iba't ibang doktor, subalit hindi na muling nakakitaSa kabila in nap si Roselle at ng kaniyang mga magulang namaipagpatuloy ang dati ang buhay. Usalis ang kaniyang ama mula sa datiyang trabaho upang tulangan si Roselle na subag matutuhan ang mga pangaraw-araw sa gawain Nababalik siya sa pag-aaral at nagtapos bilanghallinnan ng paaralang Elementarya ng Batino noong 1972 at sa PaaralangSendana ng Ramon Magsaysay noong 1996. Pagkatapos nito nagtungo siyasa Pamantasang neo de Manila upang mag-aral ng Matematika PLEASE HELP!4x + 2y = 6-2x + 2y = 18There combined answer please!SHOW YA WORK There are (2^6)^3 2^0bacteria in a sample. What is the total number of bacteria in the sample? Spanish work please helpThe word bank is same for all 117=-9+9x whats the answer? What does it mean for heat to be transferred by thermal conduction? find the value of x and round Plssssssssss help because i need to go to basketball practice Help me plzz peoplesssssWhich statement describes a social effect on the Civil War's end on TexasFewer Europeans immigrants came to Texas than before the war.High casualty rates caused significant hardship to families.African Americans were accepted as members of Texas society.Workers received fair wages with the adoption of tenant farming. Giving brainliest!!!!!!!!!!!! Which properties justify the steps taken to solve the system? {2a+7b=03a5b=31 10a+35b=0; 21a35b=217 31a = 217 a = 7 2(7)+7b=0 14 + 7b = 0 7b=14 b=2 what are each of the steps taken? What is one Greek god Experiment with the three techniques.(Zooming, panning and reflection)Aim to take at least 3-4 images of each technique. The six sided of number cube are labeled 1,2,3,4,5 and 6. You flip a coin and roll the number cube. What is the theoretical probability that the coin lands on heads and roll a number greater than 2? Helppppp plzzzz. 10 points The cattle kingdom,the mining boom, and the settling of the west were all a direct result of