Math, asked by joshuawalters44, 11 months ago

.Colin invests £100 into his bank account.
He receives 4% per year compound interest.
How much will Colin have after 7 years?
Give your answer to the nearest penny where appropriate.


joshuawalters44: help

Answers

Answered by chetanapadol1234
5

Answer:

A=132

Step-by-step explanation:

A=p(1+i)^n

= 100(1+0.04)^7

=132

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