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03-10-2019
Mathematics

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Question 1: Paul leaves £4000 in the bank for two years.
It earns compound interest of 5% per year.
Calculate the total amount Paul has in the bank at the end of the two years.

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bnogajski bnogajski

03-10-2019

Answer:

4410

Step-by-step explanation:

A=Px(1+R)^n

4000x(1+0.05)^2=4410

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