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26-11-2020
Mathematics

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Mary invests £120000 in a savings account.the account pays 1.5% compound interest per year work out the value of her investment after 2 years

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madiihaahmed madiihaahmed

27-11-2020

Answer:

120,027£

Step-by-step explanation:

A=P(1+r/100)^n

120,000(1+1.5/100)^2

=120,027£

hope it helps

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