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<h2>£1,330.46</h2>Step-by-step explanation:
Using the compound interest formula
A = amount compounded after n years
P = principal (amount invested)
r = rate (in %)
t = time (in years)
n = time used to compound the money
Given P = £1200., r = 3.5%, t = 3years, n = 1 year(compounded annually)
Value of Charlie's investment after 3 years is £1,330.46
The best type of chart for quickly deriving the mode of a sample data is called the Stem-and-Leaf Plot.
<h3>What is a Stem-and-Leap Plot?</h3>
In statistics, the Stem-and-Leaf Plot is an easy-to-make easy-to-read kind of graph that is derived from the table holding the sample data.
The Box-and-Whisker Plot on the other hand is best for visually depicting the five-number summary of any set of data, which are:
- Minimum
- First Quartile
- Median (Second Quartile)
- Third Quartile; and
- Maximum.
It is to be noted that referenced plots are not indicated hence, the general answer.
Learn more about Stem-and-Leaf Plot at:
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