Mathematics
Mathematics, 19.09.2021 14:30, mattstudy305

A bank account starts with a balance of £8000 and pays compound interest of 5% per year.
Work out the balance of the account after 1 year and after 2 years.
Give your answers to the nearest £1.
Start
£8000
After 1 year
E
After 2 years

answer
Answers: 3

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A bank account starts with a balance of £8000 and pays compound interest of 5% per year.
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