asked 196k views
9 votes
myrtle invests £4000 at a rate of 1.9% compound interest per annum after how many years will the investment be worth more than £4400 show working out​

1 Answer

4 votes

Answer:

After 5.0638 years

Explanation:

4400 = 4000 ( 1 + .019)^n solve for n = 5.063 years

answered
User Netfangled
by
7.8k points
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