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16 May, 06:37

Colin invests £1200 into his bank account. He receives 3% per year simple interest. How much will Colin have after 4 years? Give your answer to the nearest penny where appropriate.

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  1. 16 May, 09:00
    0
    1350.61

    Step-by-step explanation:

    f (x) = 1200 (1.03^x)
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