Question

Please can I have help X I’m finding this hard

Answer 1

Answer: £6,633.04

Explanation:

`A = P(1 + (r)/(n))^(nt)`

P = £6000

r = 3.4% = 0.034

n = 1

t = 3

`A = 6000(1 + (0.034)/(1))^(1(3))`

= 6000(1.034)³

= 6000(1.1055)

= 6,633.04