Question

Please can I have help X I’m finding this hard

Answer 1

Answer: £6,633.04

Step-by-step explanation:

$A = P(1 + \frac{r}{n})^{nt}$

P = £6000

r = 3.4%   = 0.034

n = 1

t = 3

$A = 6000(1 + \frac{0.034}{1})^{1(3)}$

  = 6000(1.034)³

  = 6000(1.1055)

  = 6,633.04