.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:
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Answers
Answered by
5
Answer:
A=132
Step-by-step explanation:
A=p(1+i)^n
= 100(1+0.04)^7
=132
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