Mary invests £12000 in a savings account.
The account pays 1.5%
compound interest per year.
Work out the value of her investment after 2 years.

Question

03-03-2021
Mathematics

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Mary invests £12000 in a savings account.
The account pays 1.5%
compound interest per year.
Work out the value of her investment after 2 years.

Sagot :

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fsaskrn fsaskrn · Answer 1 · 2021-03-03T06:08:37-05:00

fsaskrn fsaskrn

03-03-2021

12000-360= 11640£ after two years

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Sagot :

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