swaggyamatobiyolo swaggyamatobiyolo

10-02-2021
Mathematics

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Jack invests £3000 for 2 years at 4% per annum compound interest.
Work out the value of the investment at the end of 2 years.

Respuesta :

Graceormex Graceormex

10-02-2021

3000: 10% = 300 and x it by 2 for the 2 years so it’s 600

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adbell2010 adbell2010

10-02-2021

Answer:

£3244.80

Step-by-step explanation:

£3000 + 4% = £3120

£3120 + 4% = £3244.80

Answer Link

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