23-05-2022
Mathematics

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myrtle invests £4000 at a rate of 1.9% compound interest per annum after how many years will the investment be worth more than £4400 show working out

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jsimpson11000 jsimpson11000

23-05-2022

Answer:

After 5.0638 years

Step-by-step explanation:

4400 = 4000 ( 1 + .019)^n solve for n = 5.063 years

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