jakeindusties jakeindusties

25-09-2021
Mathematics

contestada

Find the final value and the compound interest if £4000 is invested for 3 years at a 16% p.a.

Final value =
Interest =

Respuesta :

12viianasyakhan 12viianasyakhan

25-09-2021

Answer:

Solution

P=$. 4000

R=6%T=3 years

A=P(1+100R)T

=4000(1+1006)3

=4000(100106)3

=4000×100×100×100106×106×106

=125595508=4764.064

Compound Interest=A−P

=4764.064−4000

= $ 764.064.

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aditigoyal989 aditigoyal989

25-09-2021

Answer:

1920 and then

Step-by-step explanation:

5920 ok fine everything point of 100

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