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s13diamondh s13diamondh
  • 21-05-2016
  • Mathematics
Answered

Work out the balance for £3000 invested for 3 years at 5% per annum

Verified Answer :

jtdcp jtdcp
  • 21-05-2016

£3472.88

100%+5%=105%=1.05 

3000 x 1.05^3=£3472.875 rounded its £3472.88

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