Brian invests £4700 into his bank account. he recieves 5.5% per year compound interest. how much will he have after 3 years?
Answers
Answered by
1
Answer:
£5518.93(Approx.). Refer to the attachment.
Attachments:
Answered by
0
Answer:
5518.93
Step-by-step explanation:
100+5.5=105.5
105.5/100=1.055
4700 x 1.055^3=5518.93
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