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

find a rectangular object in you're home: 1: List the dimensions of your box. Be sure to include the units (in, cm, ft, etc.). 2:Describe the shape of the cross
Consumer Math Help? Question: Let y = 10,000 (0.97)^x represent the buying power of $10,000, with an inflation rate of three percent per year. The table belo
What part of the microscope will allow the maximum amount of light to pass through the slide
What is the best definition of the term nationalism?
how does wind affect precipitation
What is revealed propaganda
Voix active/voix passive
The Assyrian culture is best known for what
Read the paragraph. Chameleons are tree-dwelling lizards known for their ability to change body color. Most are 7–10 inches long and have big, bulgy eyes. Chame
Organisms living near hydrothermal vents have no access to light so they get their energy from _____.