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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
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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

User Sergey Ivchenko
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6.3k points

1 Answer

6 votes

Answer:

the answer is 2.5%

Explanation:

im good at math

Hope this helps!

User Namford
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