Question

Brian invests £7900 into his bank account.

Answer 1

Step-by-step explanation:

1. use the equation

current amount X interest to the power of years

commpound interest is 2.3%

The starting value is £7900

So: £7900*1.023^5=£8851.26

Therefore, the answer is £8851.26 after 5 years of interest added

Hope this helps!!!

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