Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Simon invested an amount of money in a savings account at 0. 5% per annum compound interest. At the end of 3 years, the amount of money in the savings account was £12180. 90 work out how much money simon invested in the savings account.

Sagot :

barbaratabs9

Answer:4060.3

Explanation:

if  in a year he got 0.5% interest then in three years he got 1.5% interest then if 1.5%=12180.90 what about 0.5%

We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.