tanajophelps10 tanajophelps10
  • 09-02-2021
  • Mathematics
contestada

if £2000 is placed in a bank account that pays 3% compoud interest each year , how much will be in the account after 2 years

Respuesta :

carlos149
carlos149 carlos149
  • 09-02-2021

Answer:

£2060

Step-by-step explanation:

If the bank pays then you are earning.

3% of 2000 = 60

2000 + 60 = 2060

Answer Link

Otras preguntas

how does shakespeare peresent the witches in macbeth
Help me pls In Ocean City, MD a seagull is flying at 210¾ ft. above sea level and a dolphin is swimming at 329¼ ft. below sea level. What is the distance betwe
please help me for 10 points
what is the tool we yse to collecr oxgen after the reaction1)gradyated cylanider 2)pibite 3)burrete​
(6z^2-5z-2)(3z^3-2z-4)
Carla and George each went hiking.The expressions 4(ℎ + 2) – 2ℎ and 3(2 + ℎ) represent the respective distances Carla and George hiked each day. On what day num
What’s the right answer?
HELP ME PLEASE!!!! explain how to solve y^4-81/y-3
The graph shows the spread of railways in the 1800s. Line graph of the spread of railways in selected countries by thousands of kilometers of rail line, from 18
What is difference between simple and compound interest