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Struggling to work out the answer

Struggling to work out the answer
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2 votes
Struggling to work out the answer

Struggling to work out the answer-example-1
User Dishin H Goyani
by
8.2k points

1 Answer

4 votes

Answer:

a) £7,500r = £7,920

r = 1.056 = 5.6%

b) £7,500(1.056¹⁰) = £12,933

User Salathe
by
8.3k points
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