markel19
24.11.2020 •
Mathematics
Work out the balance for £240 invested for 20 years at 7% per annum
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Ответ:
Step-by-step explanation:
It depends in the type on interest
Simple Interest
PxRxT
£240 x 0.07x 3 = £50.4
£240 + £50.4 = £290.4
Compound Interest
Px(1+R)^T
£290.4 x (1 + 0.07)³ = £355.7524872= €355.76
Ответ:
so the right answer is 19.
Look at the attached picture ⤴
Hope it will help u...