urondabenchson
urondabenchson urondabenchson
  • 10-05-2020
  • Mathematics
contestada

Josh put £14.600 in a savings account. he was paid 9.8% per annum compound interest for 12 years. how much was in his account after 12 years? please answer I really need it thank you!!

Respuesta :

amna04352
amna04352 amna04352
  • 10-05-2020

Answer:

£44,831.26

Step-by-step explanation:

14600 × (1 + 9.8/100)¹²

14600 × (1.098)¹²

44831.25918

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