Register

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

Find the final value and the compound interest if £4000 is invested for 3 years at a 16% p.a. Final value = Interest =
asked 71.7k views
4 votes
Find the final value and the compound interest if £4000 is invested for 3 years at a 16% p.a.

Final value =
Interest =

asked
User Andiwin
by
7.7k points

1 Answer

6 votes

Answer:

1920 and then

Explanation:

5920 ok fine everything point of 100

answered
User Kemal Erdogan
by
8.1k points
← Prev Question Next Question →

Related questions

User Rolandow
asked Jun 18, 2022 128k views
Q9. £4000 is invested at 2% compound interest. (a) What is the value of the investment after 3 years?
Rolandow asked Jun 18, 2022
by Rolandow
7.8k points
1 answer
1 vote
128k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!