Question
Sally invests £8000 in a savings account .
The account pays 2.8% compound interest per year .
Work out the value of her investment after 4 years .
Give your answers to the nearest penny .
The account pays 2.8% compound interest per year .
Work out the value of her investment after 4 years .
Give your answers to the nearest penny .
Answers
What is 8000(1.028)^4 ??
8934.34
8934.34
mathswatch at its finest
8934.34
helo
8934.34
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