Answered

At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Discover solutions to your questions from experienced professionals across multiple fields on our comprehensive Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Millie invest £12,000 in the savings account that account pays 3.5% compound interest interest per year work out the value of her investment after two years

Sagot :

Answer:

to find interest,=£2820

Step-by-step explanation:

simple interest(I)=(principal(p)×time(t)×rate(r))÷100%

p=£12,000

t=2 year

rate=3.5%

I=(12000×2×3.5)/100

I=£2820

We hope this was helpful. Please come back whenever you need more information or answers to your queries. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.