Question

Derek invests £154 500 for 2 years at 4% per year compound interest.

Work out the value of the investment at the end of 2 years.

Answer 1

Step-by-step explanation:

$\huge \blue{\mid\underline{ \overline \red{ \large \mathbb{QuésTion:-}}} \blue{ \mid}}$

★ Derek invests £154 500 for 2 years at 4% per year compound interest.

Work out the value of the investment at the end of 2 years.

$\huge \blue{\mid\underline{ \overline \red{ \large \mathbb₳₦₴₩ɆⱤ:-}} \blue{ \mid}}$

In mathematics, a rational number is a number such as -3/7 that can be expressed as the quotient or fraction p/q of two integers, a numerator p and a non-zero denominator q. Every integer is a rational number: for example, 5 = 5/1.