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

Kenji buys 3 yards of fabric for $7.47. Then he realizes that he needs 2 more yards. How much will the extra fabric cost?
Write the name of a shape that has no sides and no vertices
plz help with this french hw plzzz
Which of the following statements is not true?"Whom" can serve as the object of a preposition."Whom" is an object pronoun."Who" and "whom" are personal pronouns
doors for the small cabinets are 11.5 inches long.doors for the large cabinets are 2.3 times as long as the doors for the small cabinets.how many large doors ca
Estimate each quotient using compatible numbers.
What features of colonial politics in 18th century America contributed to the development of popular democracy, and what kept political life from being more tru
Enzymes have many uses in home and industry.what type of organisms are used to produce these enzymes?Chose the correct answer from the following options:Mammals
can you simplify 25/4? if so, how?
can someone help me on this question! please! :)Evaluate the formula V= BH/3; B = 36 in.² and h = 11 in.