swaggyamatobiyolo
swaggyamatobiyolo swaggyamatobiyolo
  • 10-02-2021
  • Mathematics
contestada

Jack invests £3000 for 2 years at 4% per annum compound interest.
Work out the value of the investment at the end of 2 years.

Respuesta :

Graceormex
Graceormex Graceormex
  • 10-02-2021
3000: 10% = 300 and x it by 2 for the 2 years so it’s 600
Answer Link
adbell2010
adbell2010 adbell2010
  • 10-02-2021

Answer:

£3244.80

Step-by-step explanation:

£3000 + 4% = £3120

£3120 + 4%  = £3244.80

Answer Link

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