holmese203 holmese203

07-01-2021
Mathematics

contestada

Brian invests £4000 into his bank account.
He receives 7% per year compound interest.
How many years will it take for Brian to have more than £8000?

Respuesta :

07-01-2021

Answer:

14 years

Step-by-step explanation:

£280 is 7% of 4000 so £4000 euro more would be 4000/280 = 14

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