Monzur invests £300 000 in a bond that pays 2.4% compound
interest per year.
He leaves the bond for 10 years.
Calculate the value of the bond after 10 years.

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Ответ:

Ariellelyn176

20.11.2020

Mathematics

A) f(w) = 45w + 35

B) f: no. of flowers that bloomed

w: no. of weeks

C) 1,655 flowers

Step-by-step explanation:

f(s) = 3s + 35

Since s = 15w

f(w) = 3(15w) + 35

f(w) = 45w + 35

w = 36

f(36) = 45(36) + 35

f(36) = 1655

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Monzur invests £300 000 in a bond that pays 2.4% compound interest per year. He leaves the bond for 10 years. Calculate the value of the bond after 10 years.