menu
Qamnty
Login
Register
My account
Edit my Profile
Private messages
My favorites
Need help! Here's the question... John invests £8000 for n years in a savings account. To find the value, V ,of her investment after n years he uses the formula: V=8000*(1.…
Ask a Question
Questions
Unanswered
Tags
Ask a Question
Need help! Here's the question... John invests £8000 for n years in a savings account. To find the value, V ,of her investment after n years he uses the formula: V=8000*(1.…
asked
Nov 2, 2023
29.9k
views
16
votes
Need help! Here's the question...
John invests £8000 for n years in a savings account.
To find the value, V ,of her investment after n years he uses the formula:
V=8000*(1.025)^n
a)Write down the annual rate of interest John earns
Mathematics
high-school
Sergey Ivchenko
asked
by
Sergey Ivchenko
8.7k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
6
votes
Answer:
the answer is 2.5%
Explanation:
im good at math
Hope this helps!
Namford
answered
Nov 9, 2023
by
Namford
8.1k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Jul 16, 2022
125k
views
1 Jesy invests £8000 for n years in a savings account. To find the value, V, of her investment after n years she uses the formula: V = 8000 × (1.025)n (a) Write down the annual rate of interest Jesy earns.
Clyc
asked
Jul 16, 2022
by
Clyc
7.6k
points
Mathematics
high-school
1
answer
9
votes
125k
views
asked
Aug 8, 2024
36.3k
views
Dan invests £8000 into his bank account. He receives 2% per year compound interest. How much will Dan have after 3 years? Give your answer to the nearest penny where appropriate.
Heartyporridge
asked
Aug 8, 2024
by
Heartyporridge
7.9k
points
Mathematics
high-school
2
answers
4
votes
36.3k
views
asked
Mar 4, 2024
196k
views
Dan invests £8000 into his bank account. He receives 2% per year compound interest. How much will Dan have after 3 years? Give your answer to the nearest penny where appropriate.
Bzn
asked
Mar 4, 2024
by
Bzn
8.6k
points
Mathematics
high-school
1
answer
0
votes
196k
views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.
Categories
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qamnty