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£150 is invested at 5% compound interest for 2 years. How much will be in the account at the end of the investment?

User General Redneck
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1 Answer

25 votes
25 votes

Answer:

165

Explanation:

5% of 150 british pounds = 7.5 British pounds

2 years = 7.5 BS per year

7.5 + 7.5

= 15 british pounds

15 british pounds + 150 british pounds =

165 british pounds

User Swapnil Patil
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