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

simplify the complex fraction can you please explain each step I'm so confused if you could label the work that would be great​
Approximately 30 percent of Greece's population lives in a Trieste C. b. Athens d Crete Naples
please help! State whether the lines are parallel, perpendicular, coinciding, or neither: 2y−34=8x and y−4x=17
Three is a zero of the equation x^3−4x^2−3x+18=0. Which factored form is equivalent to the equation?
How is the overall mood of people in Mudville different from the mood of people in other places?
18. When magma cools quickly, what kind of texture or crystals does a rock have? A. Coarse-grained or large crystals. B. Medium-grained or medium crystals. C. F
At 3 a.M. The temperature is -5 degrees Fahrenheit between 3 a.M. And 6 a.M. The temperature dropped by 12 degrees Fahrenheit between 6 a.M. And 9 a.M. The temp
What are three questions to ask yourself when choosing friends?
How can you write 52+(8+25) to make it easier to add?
the picture below (10 POINTS) please