29.9k views
16 votes
Need help! Here's the question...

John invests £8000 for n years in a savings account.
To find the value, V ,of her investment after n years he uses the formula:
V=8000*(1.025)^n
a)Write down the annual rate of interest John earns

1 Answer

6 votes

Answer:

the answer is 2.5%

Explanation:

im good at math

Hope this helps!

User Namford
by
8.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories