BenMossley2 BenMossley2

04-12-2016
Mathematics

Answered

David invests £5000 in a savings account.

The account pays 3.2% compound interest per year.

Works out the value of his investment after 3 years.

Give your answer to the nearest penny.

Verified Answer :

Aliwohaish12 Aliwohaish12

04-12-2016

5000(1+0.032)^3==5,495.52

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