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Maths question, VERY HARD! Watch

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    If Suzie earns £2000 a year from her capital and does not spend, with an annual compound interest rate of 5%, for 6 years. What does she have after six years?
    The answer book says £13603.83, but I got that she has no empathy for the poor and is dirty bourgeois scum. Can anyone help?
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    (Original post by Marxwasright)
    If Suzie earns £2000 a year from her capital and does not spend, with an annual compound interest rate of 5%, for 6 years. What does she have after six years?
    The answer book says £13603.83, but I got that she has no empathy for the poor and is dirty bourgeois scum. Can anyone help?
    I think either the answer book is wrong, or you're reading the wrong answer...

    Plus: Would this thread not be better in Maths forum?
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    That's such a small amount of money for 6 years. She seems like the poor to me.
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    (Original post by Marxwasright)
    If Suzie earns £2000 a year from her capital and does not spend, with an annual compound interest rate of 5%, for 6 years. What does she have after six years?
    The answer book says £13603.83, but I got that she has no empathy for the poor and is dirty bourgeois scum. Can anyone help?
    Looks correct to me.

    Now it's a matter of sending little Suzie to the gulag for her crimes against socialism.
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    (Original post by Marxwasright)
    If Suzie earns £2000 a year from her capital and does not spend, with an annual compound interest rate of 5%, for 6 years. What does she have after six years?
    The answer book says £13603.83, but I got that she has no empathy for the poor and is dirty bourgeois scum. Can anyone help?
    She's actually earning 37.6% interest at that rate.... I think I want her bank account.
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    I agree with you :lol:

    But if you did actually need help:

    £2000 a year, each one makes 5% a year

    A = 2000 + 5% after each year = 2552.563125
    B (1 Year less) = 2431.0125
    C = 2315.25
    D = 2205
    E = 2100
    F = 2000

    = 13603.83

    A = first year she makes £2000, earns a total of 5 years worth of compounded 5% interest rate
    B = being £2000 she earns the next year, makes 4 years worth...
    And so on...
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    Trick question
    The state seize her assets after 2 years
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    Clickbait title, that crap ain't even hard.
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    (Original post by glad-he-ate-her)
    Trick question
    The state seize her assets after 2 years
    2 years?

    The state is really doing a disservice to the collective there.
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    (Original post by _gcx)
    2 years?

    The state is really doing a disservice to the collective there.
    The workers all have no incentive to work and are unmotivated, the 70 rubles will come whether they try or not. So takes a while for them to bother
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    (Original post by BigBadAsh)
    I agree with you :lol:

    But if you did actually need help:

    £2000 a year, each one makes 5% a year

    A = 2000 + 5% after each year = 2552.653125
    B (1 Year less) = 2431.0125
    C = 2315.25
    D = 2205
    E = 2100
    F = 2000

    = 13603.83

    A = first year she makes £2000, earns a total of 5 years worth of compounded 5% interest rate
    B = being £2000 she earns the next year, makes 4 years worth...
    And so on...
    How did you get 2552.653125... I got 2552.563125? That makes no sense :rofl:
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    (Original post by glad-he-ate-her)
    The workers all have no incentive to work and are unmotivated, the 70 rubles will come whether they try or not. So takes a while for them to bother
    Socialism fails to provide workers with incentives? Nonsense! (lmao)
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    (Original post by glad-he-ate-her)
    Trick question
    The state seize her assets after 2 years
    Can't pay? We'll take it away

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    (Original post by RoyalSheepy)
    How did you get 2552.653125... I got 2552.563125? That makes no sense :rofl:
    Lol, copied it off my calculator wrong..
    Nightmare
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    (Original post by _gcx)
    Socialism fails to provide workers with incentives? Nonsense! (lmao)
    Whether youre a doctor or a cleaner them 70 rubles will get you through the month. Now hush comrade
    back to work.
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    (Original post by RoyalSheepy)
    Can't pay? We'll take it away

    Look like great lads
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    (Original post by glad-he-ate-her)
    Whether youre a doctor or a cleaner them 70 rubles will get you through the month. Now hush comrade
    back to work.
    Ah, but I am neither obligated to work nor do I have to! The collective will support me

    Spoiler:
    Show

    btw currency doesn't exist under communism :P
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    (Original post by _gcx)
    Ah, but I am neither obligated to work nor do I have to! The collective will support me
    Now now comrade Are you saying our communist heaven is fundamentally flawed.?
    Off to the gulag!
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    (Original post by glad-he-ate-her)
    Look like great lads
    The bois
 
 
 
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