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2 years ago

Harry invests £6000 in a savings account.

Mathematics

1 answer:

zysi [14]2 years ago

7 0

Step-by-step explanation:

here,

principal (p)=£6000

Rate (R)=. 3.4%

time (t)=3 yrs

now,

total investment is compound amount i.e CA

here,

$CA = p(1 + \frac{r}{100} ) ^{t}$

=£6000(1+3.4/100)^3

=£6633.044

here he will get his total investment as £6633.044 in compound interest of 3.4%

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