titiogunnaike
titiogunnaike titiogunnaike
  • 02-04-2020
  • Mathematics
contestada

I have £150 in a bank account. I get 5% interest a year. How much will I have at the end of the year?

Respuesta :

qop
qop qop
  • 02-04-2020

Answer:

£157.5

Step-by-step explanation:

To solve this problem, we simply multiply £150 by 5% and then add the sum to £150 to get the answer. Remember that we need to put 5% into the decimal form (5% -> 0.05).

£150 x 0.05 = 7.5

Now we can add 7.5 to £150.

£150 + 7.5 = £157.5

Answer Link

Otras preguntas

who can help me with quantitative observation examples
what is V=LWH for L?
Please help for answer 56/125-177/625=
What is 14 hours after 3 : 00 a.m?
If sulfur 34 undergoes alpha decay, what will I become?
which value correctly represents the number that is 10 times as great as five hundred eighty-one thousandths?
negative acceleration & positive acceleration, what are they?
I do roadwork site 20 cones are placed on 50 feet of road. at this rate, how many cones are placed along 35 feet of road?
what is a common noun for south america
If one paper clip has the mass of 1 gram and 1,000 paper clip have a mass of 1 kilogram, how many kilogram are 8,000 paper clip