Question

bryan takes out a loan of £800. This debt increases by 28% every year. How much money will bryan owe after 14 years?

Answer 1

Answer: £3136

Step-by-step explanation:

First you want to find 28% of 800 to find out how much it increases by every year.

So 800*0.28= 224

And then you want to multiply 224 to 14 years to see how much he has to pay in 14 years

224*14=3136

Your answer: £3136