316497852MA 316497852MA

15-10-2019
Mathematics

contestada

Colin invests £100 into his bank account.
He receives 4% per year compound interest.
How much will Colin have after 7 years?
Give your answer to the nearest penny where appropriate.

Respuesta :

LostGirlAlex LostGirlAlex

15-10-2019

The answer is $131.59

After year 1

104

Year 2

108.16

Year 3

112.49

Year 4

116.98

Year 5

121.67

Year 6

126.53

Year 7

$131.59

Answer Link

1806731 1806731

26-10-2020

Answer:

6,083.29

i just got the answer after doing it wrong so heres the answer it told me

Answer Link

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