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I have invested £10000 for 5 years and I how have £12763 in my account. What is my banks interest rate?

This question is an example of compound interest rates. The question asks to find the interest rate of the bank. So first of all we should form an equation relating our initial amount, interest rate, time...

AS
Answered by Amir S. Maths tutor
2832 Views

A ball is thrown at a speed of 15m/s at a 30 degree angle from the floor, how far does this ball travel before hitting the ground? (Air resistance can be ignored)

The key to answering this question is to separate the velocity of the ball into two components - horizontal and vertical components. The vertical component will be affected by the gravitational accelerati...

LB
Answered by Leonardo B. Physics tutor
5898 Views

what is the difference between management and financial accoounting?

Management accountingcollecting and analysing internal information which are used by internal stakeholders such as managers. This help them with decision making to help them achiev...

MZ
Answered by May Z. Accounting tutor
1526 Views

Solve these equations simultaneously, y= 5x - 9and, x=2y

X=2Y=1

CP
Answered by Charlie P. Maths tutor
2550 Views

A car costs £10,000 and it has a depreciation policy of 15% each year, reducing balance method. what is the net present value at the end of year 3?

Year 1£10,000 * 15% = £1,500 (Depreciation for year 1)£10,000 - £1,500 = £8,500 (Net present value at the end of year 1)
Year 2£8,500 * 15% = £1,275 (D...

Answered by Accounting tutor
1987 Views

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