Answered

Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Paul leaves £4000 in the bank for two years. It earns compound interest of 5% per year. Calculate the total amount Paul's has in the bank at the end of the two year.

Pls give me working out and explanation !!!!

Sagot :

Answer:

£4400

Step-by-step explanation:

5% of 4000 is 200

200*2=400

4000+400=4400

£4400

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.