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.

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

46.2+112.3

step-by-step explanation:

step-by-step explanation:

the multiplicative inverse of a fraction a/b is b/a. for the multiplicative inverse of a real number, divide 1 by the number. for example, the reciprocal of 5 is one fifth 1/5 or 0.2, and the reciprocal of 0.25 is 1 divided by 0.25, or 4.