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Colin invests £300 into his bank account. He receives 5% per year compound interest. How much will Colin have after 6 years?

Colin invests £300 into his bank account. He receives 5% per year compound interest. How much will Colin have after 6 years?
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3 votes
Colin invests £300 into his bank account.

He receives 5% per year compound interest.
How much will Colin have after 6 years?

User Jeffrey Aylesworth
by
9.0k points

1 Answer

5 votes

Answer:

90 dollars or euros whatever its called

User Thomas Q
by
9.1k points
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