nnamdih889 nnamdih889

12-03-2021
Mathematics

contestada

Colin invests £4300 into his bank account.
He receives 4% per year compound interest.
How much will Colin have after 3 years?
Give your answer to the nearest penny where appropriate.

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seanamiator seanamiator

12-03-2021

To do this you need to do 4300 x 1.04 to the power of 3

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