titiogunnaike
titiogunnaike titiogunnaike
  • 02-04-2020
  • Mathematics
contestada

I have £150 in a bank account. I get 5% interest a year. How much will I have at the end of the year?

Respuesta :

qop
qop qop
  • 02-04-2020

Answer:

£157.5

Step-by-step explanation:

To solve this problem, we simply multiply £150 by 5% and then add the sum to £150 to get the answer. Remember that we need to put 5% into the decimal form (5% -> 0.05).

£150 x 0.05 = 7.5

Now we can add 7.5 to £150.

£150 + 7.5 = £157.5

Answer Link

Otras preguntas

What are the steps to solve this?
9 to the x-5 power=27
How many $0.21 pencils can be purchased for $7.00? Show your work.
Give an example of oxidation reaction which can be a nuisance
How do you put 0.8918 as a fraction
What is a way a cell is put together called?
does 20 hundredths equal 2 thousandths
what forces led Americans to declare war on Britain in 1812?
If a=3 and b=5, what is the value of 3a + b to the power of 2?
Suppose the slope of a line is positive. Describe what happens to the value of x as the value of y increases