Work out the balance for £4500 invested for 2 years at 4% per annum

This situation can be represented by a geometric sequence, where each term is the balance each successive year:

Un = the balance on the nth year

a = intial balance

r = multiplier

n = number of years

From the information:

a = 4500

r = 1.04

(4% increase per annum is the equivalent of multiplying by 1.04 so the multiplier is 1.04)

n = 2

So:

The balanc after two years is: £4867.20

use substitution to solve each system of equations. y = x + 5 3x + y = 25 62/87,21 y = x + 5 3x + y = 25 substitute x + 5 for y in the second equation. substitute the solution for x into either equation to find y. the solution is (5, 10)

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step-by-step explanation:

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step-by-step explanation:

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