myrtle invests £4000 at a rate of 1.9% compound interest per annum after how many years will the investment be worth more than £4400 show working out

Gyani asked May 3, 2023

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Gyani asked May 3, 2023

by Gyani

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27 votes

Answer:

After 5.0638 years

Explanation:

4400 = 4000 ( 1 + .019)^n solve for n = 5.063 years

Zwol answered May 9, 2023

by Zwol

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