FINANCE

IF $35 000 is invested at 5% p. a. compound interest (just covering the inflation rate), what would it grow to in 2 years?

Pls show full working out ty :)

38587.50

Step-by-step explanation:

100% + 5% = 105% / 100 = 1.05

35000 X (1.05)^2=38587.50

If you want how much interest they gained:

38587.50-35000=3587.50

no, the equation would be invalid since they are both not equal.

step-by-step explanation:

here you got

4y-6+4y 2-9

first, you would simplify the equation on the form.

4y-6+4y 2-9

then, move all the terms that contains a y to the left and all the other terms to the right.

+4y-4y+-9-6

finally, you will simplify the left and the right side of the equation.

y=-3

mxb67

step-by-step explanation: