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Kenny has £3200 in a savings account. After a year, the bank pays him interest increasing his balance to £3360. What percentage rate was applied to the account?

Kenny originally had £3200 After a year, he had £3360 £3360 - £3200 = £160 160/3200 = 0.05 0.05 x 100 = 5% Therefore, a 5% interest rate was applied to Kenny's account

MC
Answered by Megan C. Maths tutor
5983 Views

Describe the Process of a PET Scan

During a PET scan, radioactive material is injected into the veins of the patient. This material flows through the brain, and oxygen and glucose accumulate in active areas of the brain. The glucose is use...

MC
Answered by Megan C. Psychology tutor
6872 Views

Describe the Multi-Store Model of Memory (Atkinson & Shiffrin, 1968)

The Multi-Store Model of Memory proposes that there are 3 parts of the memory system: Sensory Register (SM) – environmental stimulus from your senses causes information t...

MC
Answered by Megan C. Psychology tutor
8837 Views

Solve the quadratic equation x^2 - 5x - 14 = 0, using factorisation.

Using factorisation, first we would have to look at the factors that multiply to make the last term, (-14). We know that they are +/- 7 and -/+2, and +/- 14 and -/+ 1, respectively. Now we have listed the...

ME
Answered by Mram E. Maths tutor
8797 Views

Solve the inequality: 5x-3 < 7x-6

5x-7x < -6+3 => -2x < -3 => x > 3/2

VC
Answered by Varshan C. Maths tutor
4294 Views

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