Answer: £9419.22
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Work Shown:
A = P*(1+r/n)^(n*t)
A = 8200*(1+0.02/1)^(1*7)
A = 9419.2224747241
A = 9419.22
Note: I assumed the bank is using annual compounding. The instructions didn't mention it, so that's why I went with n = 1. If your teacher or textbook mention otherwise, say monthly compounding, then you'll change n to n = 12. I would ask for clarification.