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19 November, 10:29

David invests £5000 in a savings account.

The account pays 3.2% compound interest per year.

Works out the value of his investment after 3 years.

Give your answer to the nearest penny.

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Answers (1)
  1. 19 November, 11:17
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    5000 (1+0.032) ^3==5,495.52
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