202k views
4 votes
Hannah invests £350 in an account that pays 3.5% compound interest per annum. Work out how much money Hannah will have in her account in 12 years.

1 Answer

0 votes
Hannah will have £528.87 because if you use the equation A=P(1+r/n)^nt you will get that
User Gaurav Agrawal
by
6.7k points