Question

Nishi invests £2800 at 4%

interest per year.
Work out how much she will
have altogether after:
3 years,
5 years,
6 years
And
9 years

Answer 1

2800 x (1.04)³= 3149.6192

2800 x (1.04)⁵ = 3406.628127

2800 x (1.04)⁶ = 3542.893252

2800 x (1.04)⁹ = 3985.273075

Explanation: