What is the compound interest when £1200 is invested for 8 years at a rate of 3.2% compound interest p. a.?

the Compound interest is £1,543.90

Step-by-step explanation:

The computation of the compound interest is shown below:

As we know that

Compound interest is

Amount = Principal × (1 + rate of interest)^number of years

= £1,200 × (1 + 0.032)^8

= £1,200 × 1.286582318

=  £1,543.90

hence, the Compound interest is £1,543.90

We simply applied the above formula so that the correct value could come

And, the same is to be considered

  q

step-by-step explanation:

each line from a vertex to the midpoint of the opposite side is called a median. the point where the medians intersect, point q, is the centroid.

the centroid of δabc is point q.

it is 570

step-by-step explanation: