Mathematics, 16.10.2021 15:50, JackMonhen

Jean invests £12 000 in an account paying compound interest for 2 years. In the first year the rate of interest is x% At the end of the first year the value of Jean’s investment is £12 336 In the second year the rate of interest is x/2% What is the value of Jean’s investment at the end of 2 years? (4 marks)

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Jean invests £12 000 in an account paying compound interest for 2 years. In the first year the rate...