Answer:
The answer is £7367.55
Step-by-step explanation:
Find the interest.
£7273 - £7000 = <em>£273</em>
Then,<em> </em>find the multiplier for the 1st year.
273/7000 = <em>0.039</em>
Then, find the multiplier for the next year.
It says it is x/3, with x being the 1st year multiplier, so do 0.039/3 = <em>0.013</em>
Afterwards, multiply the total money from the 1st year with the 2nd years multiplier.
£7273 x 1.013 = <em>£7367.55</em>
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Hope this helps :)
