WebVIDEO ANSWER: We need to find out what X is worth. The values of the two expressions are the same. We're going to have a couple. ... Cynthia invests some money in a bank which pays 5% compound interest per … 01:27. Hannah spends $4.50 each day to buy lunch at her school. After school each d… 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 …
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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 = … 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 … how many miles is an ironman
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