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3 February, 23:06

Derek buys a house for £150000, He sells the house for £154500.

A.) Work Out Derek's percentage profit

Derek invests £154500 for 2 years at 4% per year compound interest.

B.) Work out the value of investment at the end of 2 years

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Answers (2)
  1. 4 February, 00:19
    0
    B) 154500 (1+0.04) ^2==167,107.2
  2. 4 February, 02:24
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    A.) Work Out Derek's percentage profit
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