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Sian invests £7000 for 3 years at 4% per annum compound interest. Find the compound interest earned in the 3 years.
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Sian invests £7000 for 3 years at 4% per annum compound interest. Find the compound interest earned in the 3 years.
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Jun 25, 2022
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Sian invests £7000 for 3 years at 4% per annum compound interest. Find the compound interest earned in the 3 years.
Mathematics
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Kanini
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Answer:
840.
Explanation:
4%of £7000=£280
£280 x 3(years)=£840
Kabangi Julius
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Jul 2, 2022
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Kabangi Julius
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