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10 March, 18:06

Dan invests £1200 into his bank account.

He receives 5% per year compound interest.

How much will Dan have after 5 years?

Give your answer to the nearest penny where appropriate

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Answers (1)
  1. 10 March, 19:10
    -1
    300 euros

    Step-by-step explanation:

    1200 x 5 x 5=30000/100=300
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