Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Brian invests £4000 into his bank account.
He receives 7% per year compound interest.
How many years will it take for Brian to have more than £8000?


Sagot :

blb197

Answer:

14 years

Step-by-step explanation:

£280 is 7% of 4000 so £4000 euro more would be 4000/280 = 14