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3 years ago

5

Mary invests £120000 in a savings account.the account pays 1.5% compound interest per year work out the value of her investment

after 2 years

1 answer:

iris [78.8K]3 years ago

5 0

Answer:

120,027£

Step-by-step explanation:

A=P(1+r/100)^n

120,000(1+1.5/100)^2

=120,027£

hope it helps

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