Ask Question
3 April, 08:25

Dan invests £1200 into his bank account.

He receives 5% per year compound interest.

How much will Dan have after 5 years?

Give your answer to the nearest penny where appropriate

+5
Answers (1)
  1. 3 April, 11:57
    0
    300 euros

    Step-by-step explanation:

    1200 x 5 x 5=30000/100=300
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Dan invests £1200 into his bank account. He receives 5% per year compound interest. How much will Dan have after 5 years? Give your answer ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers