Register
Sian invests £7000 for 3 years at 4% per annum compound interest. Find the compound interest earned in the 3 years. ​
22.7k views
3 votes
Sian invests £7000 for 3 years at 4% per annum compound interest. Find the compound interest earned in the 3 years. ​

User Kanini
by
7.8k points

1 Answer

7 votes

Answer:

840.

Explanation:

4%of £7000=£280

£280 x 3(years)=£840

User Kabangi Julius
by
8.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
9/10 divided by (1/10 plus 2/5)
Link Copied!