Exem1234 Exem1234
  • 08-12-2020
  • Mathematics
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If £2000 is put into a bank account that pays 3% compound interest per year. How much will be in the account after 3 years?

If 2000 is put into a bank account that pays 3 compound interest per year How much will be in the account after 3 years class=

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heidygchavez
heidygchavez heidygchavez
  • 08-12-2020
A=P(1+r/n)^nt
Answer: £2,121.80
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