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£3000 is invested at 4% compound interest per annum. What is the value of the investment after 3 years?
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£3000 is invested at 4% compound interest per annum. What is the value of the investment after 3 years?

User Pykler
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1 Answer

7 votes
£3000 x 0.4 to the power of 3= £192
£192 + £3000 = £3192
User BigGuy
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