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24 votes
Does anyone know this question!??

Does anyone know this question!??-example-1

1 Answer

9 votes

Answer:

£213110.48

Explanation:

Principal= 200000

Rate = 1.6%

Time = 4 yrs

Amount

= P(1+1.6/100)⁴

=200000(101.6/100)⁴

= 213110.489

= £213110.48

User Michael Hecht
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