Math, asked by tehani2005, 10 months ago

Colin invests £2350 into a savings account. The bank gives 4.2% compound interest for the first 4 years and 4.9% thereafter. How much will Colin have after 10 years to the nearest pound?

Answers

Answered by bond2408

5

Answer:

1500(1+0.04)^3 = 1687.30

1687.30(1+0.05) = 1771.67 to the nearest pound: 1772

Previous Question

Next Question

Similar questions

Math, 5 months ago

The first four terms of an AP when a=2 and d= −1, is _...

Math, 5 months ago

simplify the following ...

Science, 5 months ago

E) Given below are five sets with four terms each. In each set a term is an odd one, can not be grouped in the same category. Identify the odd one in each set and name the category to which the remaining three belong. 5M Set Odd one Category i) NADPH, glucose, O, ATP ii) Cyton, Photon, Axon, Dendron iii) Blinking, sneezing, salivation at the sight of familiar food, coughing iv) Guttation,...

English, 10 months ago

Please answer..... Tom's intelligence is superior to that of john. Change the degree.....

Math, 10 months ago

Helppppp I need the answer I messed up I need help...

English, 1 year ago

process of making nylon...

Math, 1 year ago

find each of two equal angles of an isosceles triangle whose third side is 80...

Chemistry, 1 year ago

Name the class of hybrides to which H2O and Nah belongs ...