Freddie invests £6600 in an account that pays 3 % compound interest per annum for the two years, then 1 % . Work out how much mo
ney Freddie will have in his account in 8 years.
1 answer:
Answer:
Step-by-step explanation:
3% of 6600 = 198
1% or 6600 = 66
6600 + 198 + 198 + 66 + 66 + 66 + 66 + 66 + 66 = 7392
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