Abi takes out a loan that gathers compound interest. The table below shows the value of the loan over time. a) What is the rate of interest per annum? Give your answer as a percentage to 1 d.p. b) Work out the value of the loan 10 years after it starts. Give your answer in pounds (£) to the nearest 1p. Start After 1 year After 2 years £2500.00 £2645.00 £2798.41​

Answers

Answer 1
(a) We can use the formula for compound interest to find the rate of interest per annum: A = P * (1 + r/n)^(n*t), where A is the final amount, P is the principal amount, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the time in years.

Using the table, we can see that the loan increases by a factor of 1.058 after 1 year and by a factor of 1.058/1.045 = 1.0124 after 2 years. Thus, we have:

1.058 = (1 + r/n)^(n*1)
1.0124 = (1 + r/n)^(n*2)

Dividing the second equation by the first, we get:

1.0124/1.058 = (1 + r/n)^(n*1)

Taking the nth root of both sides, we get:

(1 + r/n) = (1.0124/1.058)^(1/n)

Solving for r, we get:

r = n * [(1.0124/1.058)^(1/n) - 1]

We don't know the value of n, but we can make an educated guess that it's either 1 or 2, since the loan is increasing by roughly 5.8% per year. If we try n = 1, we get:

r = 1 * [(1.0124/1.058)^(1/1) - 1] = -0.0427

This is clearly not the correct answer, since the interest rate cannot be negative. If we try n = 2, we get:

r = 2 * [(1.0124/1.058)^(1/2) - 1] = 0.0574

This is a reasonable answer, since it's close to the observed increase in the loan value of 5.8% per year. Therefore, the rate of interest per annum is 5.7% to 1 d.p.

(b) Using the formula for compound interest, we can find the value of the loan 10 years after it starts:

A = P * (1 + r/n)^(n*t) = 2500 * (1 + 0.0574/1)^(1*10) = £4,745.60 (to the nearest 1p
Answer 2

Answer:

25000

Step-by-step explanation:


Related Questions

Is it 65 and 5 bag variability????

Answers

The estimate of the population mean is 80 and the variability in the distribution is 120

The estimate of the population mean

Here, we have

The dot plots

From the dot plots, we can see that the data are normally distributed

This means that the mean, the median and the mode are equal

From the distribution of the random variable, we have the following readings

mean = 80

Hence, the estimate of the population mean is 80

The variability in the distribution

Here, we use the range

So, we have

Variability = Highest - Least

This gives

Variability = 140 - 20

Variability = 120

So, the variability in the distribution is 120

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Given that a function, h, has a domain of -3 ≤ x ≤ 11 and a range of 1 ≤ h(x) ≤ 25 and that h(8) = 19 and h(-2) = 2, select the statement that could be true for h. A. h(2) = 16 B. h(8) = 21 C. h(13) = 18 D. h(-3) = -1

Answers

The statement that could be true for h is h(2) = 16.

Option A is the correct answer.

We have,

The function h has a domain of -3 ≤ x ≤ 11 and a range of 1 ≤ h(x) ≤ 25, and we know that h(8) = 19 and h(-2) = 2.

To determine which statement could be true for h, we can use the given domain and range, along with the two known function values, to narrow down the possible values of h(x) for different values of x.

h(2) = 16

We do not have enough information to determine whether this statement could be true or not.

It is possible that h(2) = 16, but it is also possible that h(2) could be a different value within the range of 1 ≤ h(x) ≤ 25.

h(8) = 21

This statement cannot be true, as we already know that h(8) = 19.

h(13) = 18

This statement cannot be true, as 13 is outside the given domain of -3 ≤ x ≤ 11.

h(-3) = -1

This statement cannot be true, as -1 is outside the given range of 1 ≤ h(x) ≤ 25.

Therefore,

The statement that could be true for h is h(2) = 16.

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Olympic size swimming pools are 50 meters long and 25 meters wide with a minimum depth of 2 meters. If the swimming pool is a rectangular prism and water weighs 1000 kilograms per cubic meter, what is the weight of the water in the smallest possible full Olympic size pool in kilograms?

Answers

Answer:

660,430 gallons AKA 2499.9995045071 kilograms

you would proably round it to 2500 kilograms

Step-by-step explanation:

looked it up, had the same measurements as you gave

I can prove that 2=1, where is the error?

X = 1
X+X = 1+X
2x = 1+X
2x = X+1
2X-2 = X+1-2
2x-2 = X-1
2 (x-1)/(x-1) = X-1/X-1
2 times 1 = 1 1-1 / 1-1
2 = 1

I subtracted -2
because thats the # I chose to subtract with.

Answers

Answer:The algebraic steps you have taken are incorrect, leading to an invalid conclusion. Let's go through each step and see where the mistake is made:

X = 1 (given)

X+X = 1+X (adding X to both sides)

2X = 1+X (combining like terms)

2X = X+1 (rearranging terms)

2X-2 = X+1-2 (subtracting 2 from both sides)

2X-2 = X-1 (simplifying)

2(x-1)/(x-1) = (x-1)/(x-1) (dividing both sides by x-1, note that x cannot be 1 as it would result in division by 0)

2 = 1 (canceling out the (x-1)/(x-1) on both sides)

The error lies in dividing both sides by (x-1) in step 7. Although (x-1) appears on both sides of the equation, it is not equal to zero as x cannot be 1 due to division by zero. Dividing by (x-1) effectively cancels it out, leading to the incorrect result of 2=1.

Step-by-step explanation:

When Emilia looked at her cell phone bill for the month, she saw that she had spent 1/12 of her minutes talking to her mother and 5/12 of her minutes talking to her best friend. What fraction of the minutes did Emilia spend talking to either her mom or her best friend?

Answers

Answer:

The answer to your problem is, She spend more talking to her friend then her mother

Step-by-step explanation:

The question asking:

What fraction of the minutes did Emilia spend talking to either her mom or her best friend?

So we can see that she talks to her friend instead of her mother shown;

[tex]\frac{1}{12} < \frac{5}{12}[/tex]

The total equals to [tex]\frac{6}{12} or\frac{1}{2}[/tex]

So, She spend more talking to her friend then her mother

Thus the answer to your problem is, She spend more talking to her friend then her mother

The circumference of a circle is 43.96 m. What is the approximate area of this circle? Use 3.14 for TT.
O 153.86 m²
O 164.32 m²
O 138.03 m²
O 615.44 m²

Answers

Answer:

43.96 = 2πr

r = 21.98/π

A = π(21.98/π)^2 = 483.1204/π = 153.78 square meters

A = 483.1204/3.14 = 153.86 square meters

Consider the sequence 4,323,313,3

Answers

The explicit rule for the sequence 4, 3 2/3, 3 1/3, 3.... is f(n) = 4 - 1/3(n - 1)

Finding the explicit rule for the sequence

From the question, we have the following parameters that can be used in our computation:

4, 3 2/3, 3 1/3, 3....

In the above sequence, we can see that 1/2 is subtracted from the previous term to get the new term

Take for instance

2nd = 4 - 1/3 = 3 2/3

3rd = 3 2/3 - 1/3 = 3 1/3

4th = 3 1/3 - 1/3 = 3

And so on

This means that

First term, a = 4Common difference, d = -1/3

So, the explicit rule is

f(n) = a + (n - 1)d

This gives

f(n) = 4 - 1/3(n - 1)

Hence, the explicit formula is f(n) = 4 - 1/3(n - 1)

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Complete question

Consider the sequence 4,3 2/3,3 1/3, 3....

What is the explicit rule for this sequence

A house is infested with mice and to combat this the householder acquired four cats cyd, Greg, Ken, and Rom, The householder observes that only half of the creatures caught are mice. A fifth are voles and the rest are birds. 20% of the catches are made by Cyd, 45% by Greg, 10% by Ken and 25% by rom. a) What is the probability of a randomly selected catch being a mouse caught by Cyd? b) Bird not caught by Cyd? c) Greg's catches are equally likely to be a mouse, a bird or a vole. What is the probability of a randomly selected d) The probability of a randomly selected catch being a mouse caught by Ken is 0.05 . What is the probablity that a catch being a mouse caught by Greg? e) Given that the probability of a randomly selected catch is a mouse caught by Rom is 0.2 verify that the catch made by Ken is a mouse? probability of a randomly selected catch being a mouse is 0.5 . f) What is the probability that a catch which is a mouse was made by Cyd?

Answers

Note that the probabilities are given below.


What are the probabilities?

a) the probability of a randomly selected catch being a mouse caught by Cyd

p(Catching a mount) x p(Cyd made the catch)

= 0.5x .2

= 0.1

b) the   probability of a bird not caught by Cyd is 0.5 x 0.8 = 0.4.

Thus

P(that a catch is a bird) x p(the Cyd didn't make the catch)

= 0.3 x 0.8

=0.24

c) The probability of a randomly selected catch being caught by Greg is 0.45

To calculate, we say

(0.5   x0.45) + (0.3 x 0.45) + (0.2 x .45)

= 0.45.

d)

P (mouse caught by Greg) = (0.45 x 0.5) / 1

= 0.225.

e) P(catch is a mouse caught by Ken and catch is a mouse)

= P(catch is a mouse | catch is made by Ken) x P(catch is made by Ken)

= 0.05 x 0.1

= 0.005

f)

P (catch made by Cyd | catch is a mouse)

= 0.1    x 0.2 / 0.5

= 0.04

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Which expression is equivalent to -√324?
A. -(32)4/5
B. -(32)5/4
C. (-32)4/5
D. (-32)5/4

Answers

Answer B because you flip it

The value of the expression 0.738 divided by 8.2 is between which two numbers?
A) 0.06 and 0.08 B) 0.08 and 0.1 C) 0.1 and 0.5 D) 0.7 and 1

Answers

To estimate the value of 0.738 divided by 8.2, we can round both numbers to one decimal place:

0.738 ≈ 0.7
8.2 ≈ 8.0

Then we can divide 0.7 by 8.0:

0.7 / 8.0 ≈ 0.0875

So the value of the expression is approximately 0.0875. This is between the values in answer choice B, 0.08 and 0.1. Therefore, the answer is B) 0.08 and 0.1.

Answer:

B) 0.08 and 0.1

The answer was 0.09, which is between 0.08 and 0.1

The insurance premium of a new bus is GH¢93.30 plus 15% of the insured value. What is the insurance premium of a bus whose insured value is GH¢250.00?

Answers

The requried insurance premium of a bus whose insured value is GH¢250.00 is GH¢130.80.

The insurance premium of a bus is GH¢93.30 plus 15% of the insured value.

Let's first calculate 15% of¢250.00:

15% of GH¢250.00 = 0.15 x 250.00 = GH¢37.50

Now, we can add this amount to the base premium of GH¢93.30 to find the total insurance premium for the bus:

GH¢93.30 + GH¢37.50 = GH¢130.80

Therefore, the insurance premium of a bus whose insured value is GH¢250.00 is GH¢130.80.

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PLEASE HELP ASAP WILL GOVE BRAINLIEST NEED THIS AWNSERED IN 15 MINUTES

Answers

The segment lengths on the right triangle are given as follows:

JL = 13.[tex]KL = 13\sqrt{3}[/tex]

What are the trigonometric ratios?

The three trigonometric ratios are the sine, the cosine and the tangent, and they are defined as follows:

Sine of angle = length of opposite side to the angle divided by the length of the hypotenuse.Cosine of angle = length of adjacent side to the angle divided by the length of the hypotenuse.Tangent of angle = length of opposite side to the angle divided by the length of the adjacent side to the angle.

The sum of the internal angle measures of a triangle is of 180º, hence the missing angle is given as follows:

m < L = 180 - (30 + 60)

m < L = 90º.

Hence the segment JL represents the hypotenuse of the figure.

JL is opposite to the angle K, hence it's length is obtained as follows:

sin(30º) = JL/26

1/2 = JL/26

2JL = 26

JL = 13.

Segment KL is adjacent to the angle of 30º, hence it's length is obtained as follows:

cos(30º) = KL/26

[tex]\frac{\sqrt{3}}{2} = \frac{KL}{26}[/tex]

[tex]2KL = 26\sqrt{3}[/tex]

[tex]KL = 13\sqrt{3}[/tex]

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Solve for x, y and z
2x – y + 3z = 10
x + 3y – 2z = 5
3x – 2y + 4z = 12

Answers

The solution to the system of equations is:

x = 3, y = 2, z = 2

To solve for x, y, and z, we can use the elimination method or substitution method. Here, we will use the elimination method.

First, we will eliminate y from the equations by multiplying the first equation by 3 and the second equation by 1, and then adding them:

(3) (2x – y + 3z = 10)

6x – 3y + 9z = 30

(1) (x + 3y – 2z = 5)

x + 3y – 2z = 5

Adding the two equations gives:

7x + 7z = 35

Simplifying, we get

x + z = 5 (Equation 1)

Next, we will eliminate y again by multiplying the second equation by 2 and the third equation by 3, and then adding them:

(2) (x + 3y – 2z = 5)

2x + 6y – 4z = 10

(3) (3x – 2y + 4z = 12)

9x – 6y + 12z = 36

Adding the two equations gives:

11x + 8z = 46

Substituting x + z = 5 from Equation 1 into the above equation, we get:

11(x + z) + 8z = 46

11x + 19z = 46

Solving for z, we get:

z = 2

Substituting z = 2 into x + z = 5 from Equation 1, we get:

x + 2 = 5

x = 3

Finally, substituting x = 3 and z = 2 into any of the original equations, we can solve for y:

2x – y + 3z = 10

2(3) – y + 3(2) = 10

6 – y + 6 = 10

y = 2

Therefore, the solution to the system of equations is:

x = 3

y = 2

z = 2

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If x and y vary directly and y is 2 when x is 3, what is why when x is 2

Answers

Step-by-step explanation:

Direct variation means    y = k x

when y = 2      x= 3

   2 =  k *3

   2/3 = k

so the variation becomes y = 2/3 x

            when x = 2

                     y = 2/3 (2)=   4/3


3. Olivia is constructing a monument to honor the heroes in her community. It will be in
the shape of a regular pentagonal prism and stand 10 feet tall. She will need 5,119.5
cubic feet of concrete to fill the prism. Olivia will run lights across the top of the
monument from the center to the midpoint of one side.
17.25 ft
SCRATCHPAD
10 ft

Answers

The height will be  61.8 ft

How to solve for the height

Find the volume of prism

Volume = Base Area × Height

since height = 10 feet

5,119.5 ft³ / 10 ft

= 511.95 ft²

formula for the area of a regular polygon is:

Area = (Perimeter × Apothem) / 2

ide length of the pentagon as 's' and the apothem as 'a'

511.95 ft² = (5s × a) / 2

angle at the center of the pentagon is 360° / 5 = 72°

72 / 2 = 36  degrees

tan(36°) = (s/2) / 17.25

solve for the value of s

s = 2 × 17.25 × tan(36°)

= 12.36 ft

5 s =

5 x 12.36 ft

=  61.8 ft

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What happens to a consistent slope when the y value starts to decrease and the x value remains the same over time?
A. Y decreases and X decreases

B. Y decreases and X increases

C. Y increases and X increases

D. Y increases and X decreases

Answers

The correct answer is option B:

⇒ Y decreases and X increases.

Given that;

the y value starts to decrease and the x value remains the same over time.

Now, We know that;

the slope remains constant, but the y value decreases as you move along the slope in the negative y direction, while the x value increases.

Hence,

If the y value starts to decrease while the x value remains the same over time on a consistent slope,

Thus, The correct answer is option B:

⇒ Y decreases and X increases.

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Select all of the values of x that make the inequality -x+6 ≥ 10 true.

Answers

The results is x ≤ -4.

Give me the domain and range
Tell me if the graph is a function or not

Answers

The domain and range of the graph are domain = [-2, 5] and range is [-6, 2] and the graph is not a function

Calculating the domain and range of the graph

From the question, we have the following parameters that can be used in our computation:

The graph

On the graph, we have the x values to be

x = -2 to 5

On the graph, we have the y values to be

y = -6 to 2

This means that domain = [-2, 5] and range is [-6, 2]

If the graph is a function or not

The graph is the graph of a circle

A circle does not represent a function

Hence, the graph is not a function

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10. Find the surface area of the
polyhedron that can be
assembled from this net. Show
your reasoning.

Answers

The surface area of the polyhedron is calculated be equal to 224 square inches.

How to evaluate for the area of the polyhedron

The polyhedron can be observed to have a large rectangle between two identical triangles by the sides

area of rectangle = length × width

The large rectangle have;

length = (12 + 10 + 10) in = 32 in

width = 4 in

area of large rectangle the = 32 in × 4 in = 128 in²

area of one identical triangles = 1/2 × 12 in × 8 in = 48 in²

area of 2 identical triangles = 2 × 48 in² = 96 in²

Surface area of the polyhedron = 128 in² + 96 in²

Surface area of the polyhedron = 224 in²

Therefore, the surface area of the polyhedron is calculated be equal to 224 square inches.

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Work out and simplify where possible. A) 3/4 + 5/6. B) 4/7 - 1/3

Answers

A) To add 3/4 and 5/6, we need to find a common denominator. The least common multiple of 4 and 6 is 12. We can convert 3/4 to 9/12 by multiplying the numerator and denominator by 3. Similarly, we can convert 5/6 to 10/12 by multiplying the numerator and denominator by 2. Now we have a common denominator of 12, so we can add the fractions:

3/4 + 5/6 = 9/12 + 10/12 = (9 + 10)/12 = 19/12

B) To subtract 1/3 from 4/7, we also need a common denominator. The least common multiple of 3 and 7 is 21. We can convert both fractions to have a denominator of 21:

4/7 = (4/7) * (3/3) = 12/21

1/3 = (1/3) * (7/7) = 7/21

Now we can subtract the fractions:

4/7 - 1/3 = 12/21 - 7/21 = 5/21

The coordinate of the points below represents the vertices of a rectangle what is the perimeter in units of the rectangles WXYZ

Answers

The perimeter of the rectangle is P = 18 units

Given data ,

Let the rectangle be represented as ΔWXYZ

Now , the coordinates of the triangle are

W ( 3 , 3 ) , X ( 8 , 3 ) , Y ( 8 , 7 ) and Z ( 3 , 7 )

The perimeter of the rectangle = 2 ( length + width )

The width of the rectangle W = ( 7 - 3 ) = 4 units

The length of the rectangle L = ( ( 8 - 3 ) = 5 units

So , P = 2 ( 4 + 5 )

P = 2 x 9

P = 18 units

Hence , the perimeter is 18 units

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What has no solutions in common with 6x+2y=12

Answers

Answer:

-6x - 2y = 12

Step-by-step explanation:

So I still don’t understand.

Answers

An equation for the height of the rocket after t seconds is h(t) = -16t² + 352t.

The time it takes for the rocket to reach a height of 0 is 22 seconds.

The time it takes to reach the top of its trajectory is 11 seconds.

The maximum height is 1,936 feet.

The time it takes to reach a height of 968 feet is 18.8 or 3.2 seconds.

How to determine the time when the rocket would hit the ground?

Based on the information provided, we can logically deduce that the height (h) in feet, of this rocket above the​ ground is related to time by the following quadratic function:

h(t) = -16t² + Vit

When the initial velocity is 352 feet per seconds, the height function becomes;

h(t) = -16t² + 352t

Generally speaking, the height of this rocket would be equal to zero (0) when it hits the ground. Therefore, we would equate the height function to zero (0) as follows:

0 = -16t² + 352t

352t = 16t²

Time, t = 352/16

Time, t = 22 seconds.

Next, we would determine the maximum height of this rocket by taking the first derivate in order to determine the time (t) it takes;

h(t) = -16t² + 352t

h'(t) = -32t + 352

352 = 32t

t = 352/32 = 11 seconds.

h(11) = -16(11)² + 352(11)

h(11) = 1,936 feet.

At a height of 968 feet, the time is given by;

968 = -16t² + 352t

16t² - 352t + 968 = 0

t² - 22t + 60.5 = 0

Time, t = 18.8 or 3.2 seconds.

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Filipe practiced 12 fewer hours than Bianca. If Filipe practiced for 16 hours, how long did Bianca practice?

Bianca practiced for
____
hours.

Answers

Answer:

28 hours

Step-by-step explanation:

Let's use "B" to represent the number of hours Bianca practiced.

From the problem, we know that Filipe practiced 12 fewer hours than Bianca, which means:

Filipe's practice time = Bianca's practice time - 12

We are also told that Filipe practiced for 16 hours, so we can substitute that into the equation:

16 = B - 12

To solve for B, we can add 12 to both sides:

16 + 12 = B

So, Bianca practiced for a total of 28 hours.

A marketing research company desires to know the mean consumption of milk per week among people over age 30 . They believe that the milk consumption has a mean of 3.5 liters, and want to construct a 85% confidence interval with a maximum error of 0.07 liters. Assuming a standard deviation of 1.4 liters, what is the minimum number of people over age 30 they must include in their sample? Round your answer up to the next integer.

Answers

The minimum number of people over age 30 they must include in their sample is: 829 people

How to calculate the standard error?

The formula for calculating the standard error is:

SE = μ ± Z(σ/√N)

Where:

σ = the standard deviation,

N = the sample size,

Z = the Z value for the percent confidence level desired.

We must find the Z value, at the 85% confidence level from a Cumulative Standardized Normal table for the 99% confidence level. This gives us the value of Z = 1.44

σ = 1.4 liters

N = 0.07

Thus:

0.07 = 1.44(1.4/√N)

0.07/1.44 = 1.4/√N

1.4/√N = 0.04861

√N = 1.4/0.04861

N = (1.4/0.04861)²

N = 829 people

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(Please help in image)

Answers

Answer:

[tex] {x}^{2} + 11x + 18 = [/tex]

[tex](x + 2)(x + 9)[/tex]

The two numbers are 2 and 9.

2 + 9 = 11, and 2 × 9 = 18.

A girl is three years older than her brother. If their combined age is 35 years, how old is each?

Answers

Answer: The brother is 16 and she is 19.

Step-by-step explanation:

35 - 3 = 32

32 / 2 = 16

16 + 3 = 19

The two tables show the number of copies of album x y and z sold in outlets A , B C and D of w company.
Which outlet sold the greatest amount of copies of album x in July and august

Answers

To find the outlet that sold the greatest amount of copies of album X in July and August, we need to add the number of copies sold in each outlet for those two months.

Outlet A: 80 + 90 = 170
Outlet B: 60 + 70 = 130
Outlet C: 70 + 80 = 150
Outlet D: 90 + 80 = 170

Outlets A and D both sold the greatest amount of copies of album X in July and August, with 170 copies sold each. Therefore, the answer is either A or D.

Oliver did the high jump three times. His scores were 7.016 feet, 5.42 feet, and 8.308 feet. How many feet did he jump in total? pleas help im in test

Answers

The total height of the three jumps is A = 20.744 feet

Given data ,

1st high jump score: 7.016 feet

2nd high jump score: 5.42 feet

3rd high jump score: 8.308 feet

On adding the scores , we get

7.016 + 5.42 + 8.308 = 20.744 feet

On simplifying the equation , we get

A = 20.744 feet

Hence , Oliver jumped a total of 20.744 feet in the three high jumps

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What are the coordinates of the vertex of the graph of:

f(x) = 2 lx - 3l

Enter your answer in the boxes.

( ), ( )

Answers

Answer:

(3, 0)

Step-by-step explanation:

It might be first helpful to think about the function [tex]|x-3|[/tex], we will call this [tex]g(x)[/tex]. So, [tex]g(x)=|x-3|[/tex].

The modulus (absolute value) function reflects any points on a graph that go below the x-axis up into the positive x region.

We know that the graph of [tex]y=x-3[/tex], will cross the x-axis at (3,0). We can work this out by setting y to 0 and rearranging for x. At the x-axis, y = 0.

Therefore, when the modulus comes in, a vertex will be created at (3,0).

But that is the vertex of [tex]g(x)[/tex].


Using basic algebra we can derive from previous working that [tex]f(x)=2g(x)[/tex].

Graphically, the multiplier of 2 on the outside of [tex]g(x)[/tex] stretches the graph in y-axis, and does so by the scale factor of 2.

With our vertex (3,0), the y value is 0. And if you multiply 0 and 2 together, 0 is produced. The x value will remain unchanged as a result of this transformation.

Therefore, the vertex of [tex]f(x)[/tex] is (3,0).

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