subject
Mathematics, 07.06.2020 13:40 gabyzermeno16

Southern Bank has two types of account. Both accounts pay compound interest.

Everyday saver account:
Interest
2.4% per annum

1234 account:
Interest
3.4% per annum

Sue invests £2300 in the saver account.
Bill invests £1800 in the 1234 account.

a) Work out how much interest Sue and Bill each get after 3 years.
Sue:
Bill:

b) If the interest for the 1234 account changes to 4% in the 3rd year,
who will get the most interest after 3 years, Sue or Bill?
(THE ANSWER TO THIS IS 'Bill', I put it in just in case someone
else wanted to know)

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 18:00, jskdkfjf
Which statement about the relative areas of δabc and δxyz is true? the area of δabc > the area of δxyz the area of δabc < the area of δxyz the area of δabc = the area of δxyz more information is needed to compare.
Answers: 2
image
Mathematics, 21.06.2019 21:30, camosloppy3150
Aboard 60 in. long is cut two parts so that the longer piece is 5 times the shorter. what are the length of the two pieces?
Answers: 1
image
Mathematics, 22.06.2019 05:20, 327klm18
Say that a supplier claims they are 99% confident that their products will be in the interval of 50.02 to 50.38. you take samples and find that the 99% confidence interval of what they are sending is 50.00 to 50.36. what conclusion can be made? homework : 5vd. comparing sample confidence intervals with given intervals (links to an external site.)links to an external site. (3: 43) 5dc. confidence intervals in manufacturing, high vs low level of confidence, wide vs narrow (links to an external site.)links to an external site. (docx) the supplier is less accurate than they claimed the supplier products have a lower mean than claimed the supplier is more accurate than they claimed the supplier products have a higher mean than claimed
Answers: 2
image
Mathematics, 22.06.2019 06:30, Leftie500
Find an equation for the line that is perpendicular to the graph of 5x-3y=9 if the two lines intersect at x=30
Answers: 1
You know the right answer?
Southern Bank has two types of account. Both accounts pay compound interest.

Everyday sa...

Questions in other subjects:

Konu
Mathematics, 08.09.2021 07:10