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Brian invests £8500 into his bank account. He receives 5.7% per year compound interest. How much will Brian have after 6 years? Give your answer to the nearest penny where appro…

Brian invests £8500 into his bank account. He receives 5.7% per year compound interest. How much will Brian have after 6 years? Give your answer to the nearest penny where appro…
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4 votes
Brian invests £8500 into his bank account.

He receives 5.7% per year compound interest.
How much will Brian have after 6 years?
Give your answer to the nearest penny where appropriate.

User Charlie Lin
by
8.3k points

2 Answers

1 vote
8500*1.057==??
??*1.057==??
6 times
You will have in 6 years £11854,1072
User Heliya Rb
by
8.9k points
3 votes

Answer:£11,854.11

Explanation:

User Gsk
by
8.0k points
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