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Mathematics

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Mary invests £12000 in a savings account.
The account pays 1.5% compound intrest per year.

Work out the value of her investment after 2 years?

Answer :

ronhagrid310 ronhagrid310

Today at 9:01 AM

Answer:

Mary's investment after 2 years would be: 12000 x (1 + 1.5/100)^2 = 12362.7£

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