Ask Question
11 April, 17:06

Dan invests £8000 into his bank account.

He receives 2% per year compound interest.

How much will Dan have after 3 years?

Give your answer to the nearest penny where appropriate.

+4
Answers (1)
  1. 11 April, 20:17
    0
    If 8000 dollars multiplied by 2% is 160 dollars and 160 dollars multiplied by 3 years gives you the answer of 480 dollars
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Dan invests £8000 into his bank account. He receives 2% per year compound interest. How much will Dan have after 3 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