The value of her investment at the end of 3 years is £10955.08
<h3>How to determine the value?</h3>
The given parameters are
- Principal, P = £5000
- Rate, r = 6%
- Time, t = 3 years
The value is then calculated as:
Value = P * P(1 + r)^t
So, we have:
Value = 5000 + 5000 * (1 + 6%)^3
Evaluate the expression
Value = 10955.08
Hence, the value of her investment at the end of 3 years is £10955.08
Read more about compound interest at:
brainly.com/question/24924853
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