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Brian invests £1900 into his bank account. He receives 4.5% per year compound interest. How much will Brian have after 7 years? Give your answer to the nearest penny where appro…
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Brian invests £1900 into his bank account. He receives 4.5% per year compound interest. How much will Brian have after 7 years? Give your answer to the nearest penny where appro…
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Oct 1, 2022
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Brian invests £1900 into his bank account.
He receives 4.5% per year compound interest.
How much will Brian have after 7 years?
Give your answer to the nearest penny where appropriate.
Mathematics
high-school
Sadhu
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Explanation
A = C (1 + I)**t
A = 1900( 1+0.045)**7
A= 2585.64£
Answer
2585.64£
Millie Smith
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Oct 7, 2022
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Millie Smith
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