Hamza invests £160 in an ISA paying 2.6% compound interest per annum. Work out how much interest he will have been paid at the end of 10 years.

asked May 9, 2023 1.5k views

11 votes

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12 votes

Answer:

((1+2,6%)^10)×160

=206,820

DubVader answered May 12, 2023

4.9k points

11 votes

Answer:

The answer is 1600

Explanation:

10×100=1000

10×60=600

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