Dan invests £1200 into his bank account. He receives 5% per year compound interest. How much will dan have after5 years?
1 answer:
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Answer:
Step-by-step explanation:
1) First, distribute the 10 and the -8 to the terms in the parentheses next to them. Remember, don't distribute to the -4h since it is not in the parentheses.
2) Next, combine like terms. (Any terms that have the same variables must be added together by their coefficients.)
There are no more like terms to combine, so is the answer.