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ginger1235 ginger1235
  • 14-01-2016
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Answered

work out the balance for £1500 invested for 4 years at 5.4% per annum

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jesyoung12 jesyoung12
  • 14-01-2016

Estimated - 1851.2. Basically multiply the original number (1500) by 5.4; 4 times. Make sure every multiplication involves the new number rather than using 1500 every time. e.g. if 10% more of 100 is 110. Then 10% more of 110 is 121

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