Brian invests £4700 into his bank account. He receives 5.5% per year compound interest. How much will Brian have after 3 years? Give your answer to the nearest penny where appropriate.

Brian invests £4700 into his bank account.

He receives 5.5% per year compound interest.
How much will Brian have after 3 years?
Give your answer to the nearest penny where appropriate.

1 Answer

Brian invests £4700 into his bank account. He receives 5.5% per year compound interest. How much will Brian have after 3 years? Give your answer to the nearest penny where appro…

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