ljessie0025 ljessie0025

16-02-2019
Mathematics

contestada

Mirek invests £6000 at a compound interest rate of 1.5% per year.
He wants to earn more than £1000 interest.
Work out the least time, in whole years, that this will take.

Relax

Respuesta :

sushi2003 sushi2003

16-02-2019

Answer:

11 years

Step-by-step explanation:

100%+1.5= 1.015

6000 *1.01n >7000

6000 X 1.015 to power of 10 equals = 6963

6000 X 1.015 to power of 11 = 7067

Answer Link

Otras preguntas

write the following integers in a decreasing order. 1. 0,7,-3,9,-132,36

Which decimal is equivalent to 19/4

It costs x dollars each to make the first thousand copies of a compact disk and y dollars to make each subsequent copy. If z is greater than 1000, how many doll

Choose the phrase that best completes the sentence describing a classes actions in the present tense. …… plays on the playground until the bus arrives. 1. The y

Explain what the newspapers report about the fire and the three greasers who were on the scene.The Outsiders, complete sentences

in a 30-60-90 triangle, the length of the hypotenuse is 6. What is the length of the shortest side?

work out m and c for the line: y= 3 - 7x

Type your answer... 3 4 points If a car in front of the school travels 50.4 m in 1.18 seconds, what is their speed in m/s? Round your answer to a single decimal

HELP! will give Brainly + 22pts for grabs. Question : tickets for a school event were $1.50 for students and $2.25 for parents.if a total of 61 tickets were so

bachey ney ro ro Kar hasna seekha, gir gir Kar chalna seekha. badal ney Ghar Ghar Kar barasna seekha -poosiblr author subhadra Kumari Chauhan -hindi