ilaygamer77 ilaygamer77

22-03-2021
Mathematics

contestada

Dan invests £7600 into his bank account.
He receives 3% per year compound interest.
How much will Dan have after 4 years?
Give your answer to the nearest penny where appropriate.

Respuesta :

2185030 2185030

22-03-2021

Answer: 8512

Step-by-step explanation: if he makes 3% a year more for 4 years we have to add 3%+3%+3%+3%=12% and add it to 7600 so 7600+12%=8512

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