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Colt1911 [192]
3 years ago
15

Dan invests £800 into his bank account. He receives 5% per year compound interest. How much will Dan have after 4 years? Give yo

ur answer to the nearest penny where appropriate.
Mathematics
1 answer:
bulgar [2K]3 years ago
6 0

Answer: £1021

Step-by-step explanation:

100% + 5% = 105% = 1.05

800 x (1.05^5) =

£1021

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