Harry invests £6000 into a savings account
the account pays 3.4% compound interest per year
work out the value of his investment after 3 years
give your answer to the nearest penny

➷ Find the multiplier:

1 + (3.4/100) = 1.034

Use this formula:

Final = original x multiplier^n

n is the number of years

Substitute the values in:

final = 6000 x 1.034^3

Solve:

final = 6633.0438

This can be rounded to the final answer of £6633.04

➶ Hope This Helps You!

➶ Good Luck (:

➶ Have A Great Day ^-^

↬ ʜᴀɴɴᴀʜ ♡

-14

step-by-step explanation:

2x2 – 2(x+4)

=2x2-2（5+4）

=4-2×9

=4-18

=-14