kieranverlander08 kieranverlander08

04-01-2022
Mathematics

contestada

Brian invests £8500 into his bank account.
He receives 5% per year compound interest.
How many years will it take for Brian to have more than £10000?

Respuesta :

jackplayxrb jackplayxrb

04-01-2022

Step-by-step explanation:

should be 4

8500x1.05 8925

8925x1.05 9371.25

9361.25x1.05 9839

9839x1.05 10331

Answer Link

belisa2020kgi belisa2020kgi

04-01-2022

Answer:

I guess the answer is 4 years.

Answer Link

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