If £2000 is put into a bank account that pays 3% compound interest per year. How much will be in the account after 3 years?

asked Jul 5, 2021 79.7k views

3 votes

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2 votes

Answer:

im super duper sorry if this is wrong, but my answer is: £4000 (apologies if wrong)

Masrtis answered Jul 6, 2021

7.7k points

4 votes

£2,185.45
Use formula A=P(1+r/n)^nt

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