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I invest £2,000 at a rate of 5% compound interest. I leave the amount 5 years. How much will I have after 5 years?​

I invest £2,000 at a rate of 5% compound interest. I leave the amount 5 years. How much will I have after 5 years?​
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1 vote
I invest £2,000 at a rate of 5% compound interest. I leave the amount 5 years. How much will I have after 5 years?​

User Beatsforthemind
by
7.7k points

2 Answers

3 votes

Answer:

£10,000 at a rate of 5%

User Hagen Von Eitzen
by
8.1k points
6 votes

Answer:

£10,000

Explanation:

£2,000x5= £10,000

User Ahmad Nawaz
by
7.6k points
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