![aaayymm](/avatars/20263.jpg)
aaayymm
07.07.2020 •
Mathematics
13 At the beginning of 2009, Mr Veale bought a company.
The value of the company was £50 000
Each year the value of the company increased by 2%.
(a) Calculate the value of the company at the beginning of 2017
Give your answer correct to the nearest £100
Solved
Show answers
More tips
- S Style and Beauty 5 Tips for Choosing the Best Ugg Boots...
- H Health and Medicine Boosting Immunity: A Complete Guide on How to Improve Your Body’s Natural Defenses...
- C Computers and Internet The Best Antivirus Programs for your PC...
- S Style and Beauty How to Get Rid of Acne: Scientifically Proven Methods...
- H Health and Medicine Simple Ways to Lower Cholesterol in the Blood: Tips and Tricks...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
- S Style and Beauty How to Choose the Perfect Hair Straightener?...
Answers on questions: Mathematics
- M Mathematics Last year, a property manager bought five identical snow shovels and six identical bags of salt. The total cost of the snow shovels was , before tax, and each bag of salt cost...
- C Chemistry What are two ways to determine the salinity level?...
- M Mathematics Deanna has rode her bike 6/7 days this week. What percentage of days has Deanna rode her bike? *...
Ответ:
£58,800
Step-by-step explanation:
The answer can be calculated using
FV=p(1+r/n)^nt
P=£50,000
r=2%=0.02
n=12
t=2009 to 2017=8 years
FV=p(1+r/n)^nt
=50,000(1+0.02/12)^12*8
=50,000(1+0.0017)^96
=50,000(1.0017)^96
=50,000(1.1771)
=58,855
FV=58,855
To the nearest £100=£58,800
Ответ:
9
Step-by-step explanation:
9+9=18
Hope that helps