Cynthia invests some money in a bank answer
WebSep 20, 2024 · Cynthia invests some money in a bank which pays 5% compound interest per year. She wants it to be worth over £8000 at the end of 3 years. What is the smallest … WebOther Math questions and answers; The Problem: Over the next 10 years, Dodie wants to invest some money in an annuity. Her bank gives her three options. Option 1: She can have a fixed rate of 6% for the 10 year period of her investment. Option 2: Her interest rate will be 4% for the first 5 years and 8% for the last 5 years.
Cynthia invests some money in a bank answer
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WebStudy with Quizlet and memorize flashcards containing terms like George invests £1200 in a savings account. The bank pays 𝑥% interest every year. After 2 years George has £1248.48 in his account. Work out the value of 𝑥., Helena invests a sum of money into an account that pays 6% compound interest per annum. Work out after how many years … WebFeb 2, 2024 · We have two unknowns: the amount of money invested at 9% and the amount of money invested at. A man has Rs 50,000.He invests some part of it in one bank @ of 11 p.c.p.a. and the remaining money in another bank @ of 9 p.c.p.a.He gets a combined simple interest of Rs 5,400(i.e the S.I of one bank + S.I of another bank = …
WebAnswer & Explanation Solved by verified expert Answered by owendnl28 a) For Plan A, PA= $25 + $2x Where PA= total payment for Plan A, at x number of visits For Plan B PB= $7x Where PA= total payment for Plan B, at x number of visits b) The graph is on the explanation part c) Plan A is cheapest given that a member attends each day in 30 days. WebOct 9, 2024 · Cynthia invests some money in a bank which pays 5% compound interest per year. She wants it to be worth over £8000 at the end of 3 years. What is the smallest amount, to the nearest pound, she can invest? Question. ... Answer: x = \dfrac{64000000}{9261} 4.6
Web(answer decimal places) L" 2 Coll Winjcw CRV; VTF-8 121A 306 Jue1 J4 INTL. Discussion. You must be signed in to discuss. Video Transcript. Let XII. ... Cynthia invests some money in a bank which pays 5% compound interest per year. She wants it to be worth over £8000 at the end of 3 WebCynthia invests some money in a bank which pays 5% compound interest per year. She wants it to be worth over £8000 at the end of 3 years. What is the smallest amount, to the nearest pound, she can invest? r ---- i ... Math PSYCHOLOGY 1 Answer & Explanation Solved by verified expert
WebGet the answer to your homework problem. Try Numerade free for 7 days. Continue. Input your name and email to request the answer. Submit. Numerade Educator. Numerade Educator. Like. ... Cynthia invests some money in a bank which pays5% compound interest per year… 01:22. A plane flies 1640 miles in four hours what is the average …
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