Math, asked by Syrien10, 9 months ago

Colin invests £3300 into his bank account.
He receives 3% per year compound interest.
How much will Colin have after 4 years?
Give your answer to the nearest penny where appropriate.

Answers

Answered by mhanifa

10

Answer:

£3714.18

Step-by-step explanation:

Sum- 3300

Interest rate- 3% compounded

Sum+profit after 4 years= ?

£3300*1.03⁴= £3714.18

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