1 Jesy invests £8000 for n years in a savings account. To find the value, V, of her investment after n years she uses the formula:

V = 8000 × (1.025)n
(a) Write down the annual rate of interest Jesy earns.
(b) Find the total amount of interest Jesy earns in three years.
(Total for question 1 is 3 marks)

Kapil needed to buy a long wooden beam. he went to two sawmills that each charge an initial fee plus an additional fee for each meter of wood. the following equation gives the price (in dollars) of a wooden beam from the first sawmill as a function of its length (in meters). p = 5+20xp=5+20x

One of every 20 customers reports poor customer service on your company’s customer satisfaction survey. you have just created a new process that should cut the number of poor customer service complaints in half. what percentage of customers would you expect to report poor service after this process is implemented? 1.) 5% 2.) 10% 3.) 2% 4.) 2.5%

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