Colin invests £100 into his bank account.
he receives 4% per year compound interest.
how much will colin have after 7 years?
give your answer to the nearest penny where appropriate.

The answer is $131.59

After year 1

104

Year 2

108.16

Year 3

112.49

Year 4

116.98

Year 5

121.67

Year 6

126.53

Year 7

$131.59

a

step-by-step explanation:

rurbrbrjrnrbjr

the correct option is 2.

step-by-step explanation:

according to the given information triangle abc is a right angle triangle with right angle at a. segment ab is 5 and segment ac is 7. point d is on segment bc and angles adb and adc are right angles.

it is given that triangles abd, cad, and cba are similar.

two triangles are similar if their corresponding sides are proportional.

in triangle cba, using pythagoras theorem

                      )

triangle abd and cba are similar,

                            (2)

triangle cad and cba are similar,

                      )

using (1), (2) and (3), we get

hence proved.

therefore option 2 is correct.