rio5678 rio5678
  • 06-05-2021
  • Mathematics
contestada

If £2000 is placed into a bank account that pays 3% compound interest per year,
how much will be in the account after 2 years?
3%OF £2000=£60
60X2=£120
£2000+£120=£2120

Respuesta :

gina7780 gina7780
  • 06-05-2021
£2000 * (1+3/100)^2
= £2120.8 after 2 years
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