Answer:
$2315.25
Step-by-step explanation:
Given data
Principal= £2000
Time= 3 years
Rate= 5%
The compound interest expression is
A= P(1+r)^t
substitute
A= 2000(1+0.05)^3
A= 2000(1.05)^3
A= 2000*1.157625
A= 2315.25
Hence the Amount is $2315.25
Answer:
7/8 pounds
Step-by-step explanation:
pounds collected in a day = number of pounds collected in 8 days / number of days
7/8