213 Marks 19/32 Marks
If £2000 is placed into a bank account that pays 3% compound interest per year,
how much will be in the account after 2 years?

2121.8

Step-by-step explanation:

The principal is 2000

Rate is 3%

Time is 2 years

Therefore the amount that will be present in the account after 2 years can be calculated as follows

= 2000 × (1+0.03)^2

= 2000 × 1.03^2

= 2000 × 1.0609

= 2121.8

d, x=8

step-by-step explanation:

simplifying

4x + -5 = 2x + 11

reorder the terms:

-5 + 4x = 2x + 11

reorder the terms:

-5 + 4x = 11 + 2x

solving

-5 + 4x = 11 + 2x

solving for variable 'x'.

move all terms containing x to the left, all other terms to the right.

add '-2x' to each side of the equation.

-5 + 4x + -2x = 11 + 2x + -2x

combine like terms: 4x + -2x = 2x

-5 + 2x = 11 + 2x + -2x

combine like terms: 2x + -2x = 0

-5 + 2x = 11 + 0

-5 + 2x = 11

add '5' to each side of the equation.

-5 + 5 + 2x = 11 + 5

combine like terms: -5 + 5 = 0

0 + 2x = 11 + 5

2x = 11 + 5

combine like terms: 11 + 5 = 16

2x = 16

divide each side by '2'.

the answer is the third / last answer

step-by-step explanation: