Question

Brian invests £8300 into his bank account.
He receives 1.4% per year compound interest.
How much will Brian have after 7 years?
Give your answer to the nearest penny where appropriate.

Answer 1

Answer:

here is your answer

Step-by-step explanation:

1.4% of  £8300

1.4/100*8300

140*8300

1162 000

1162 000*7

8134000

Answer 2

the answer is £9148.37