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£850 is invested for 2 years at 6% per annum compound interest. a) Work out the total interest earned over the first 2 years.

£850 is invested for 2 years at 6% per annum compound interest. a) Work out the total interest earned over the first 2 years.
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£850 is invested for 2 years at 6% per annum compound interest. a) Work out the total interest earned over the first 2 years.

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User Robot Woods
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2 Answers

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Answer:

6% annum for 850 would be 955

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User Ivan Mirchev
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The correct answer to 850 for 2 years at 6% interest is 955
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User MgSam
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