Determine whether The following number sentences are true or false. Justify your answer 6+5=18+5
1 answer:
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Answer:
£972.41
Step-by-step explanation:
A = Amount after n years = ?
P = Principal amount = £800
r = interest rate = 5%
n = time for which the money was invested = 4 years
∴ A = 800 (1 + 5/100)⁴
= £972.41
Hope this helps!