Mathematics, 10.02.2021 15:10, willcohen42

Samuel invests £20 000 in an account that pays 2.5% compound interest per annum for the first three years, then 0.5%.
Work out how much money Samuel will have in his account in 8 years.

Answers: 2

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Samuel invests £20 000 in an account that pays 2.5% compound interest per annum for the first three years, then 0.5%. Work out how much money Samuel will have in his account in 8 years.

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Samuel invests £20 000 in an account that pays 2.5% compound interest per annum for the first three years, then 0.5%.
Work out how much money Samuel will have in his account in 8 years.