Mathematics, 04.04.2021 01:00 bandiadummy8595
If £2000 is placed into a ban account that pays 3% compound interest per year how much will be in the account after 2 years
Answers: 2
£2000
![A=P[1+\frac{R}{100}]^T](/tpl/images/1238/5038/cb0be.png)
![\Rightarrow A=2000[1+0.03]^2\\\Rightarrow A=2121.8](/tpl/images/1238/5038/90d6f.png)
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If £2000 is placed into a ban account that pays 3% compound interest per year how much will be in th...
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