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Mathematics, 03.05.2021 14:00 megamorph

Simon invested £20 000 at a compound interest rate of 2.5% per annum. At the end of
n
years the investment has a value of £
V
.

Write down a formula for
V
in terms of
n
.

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Answers: 2

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Simon invested £20 000 at a compound interest rate of 2.5% per annum. At the end of
n
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